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200 Rand Mill Rd 0.34 Acres of Residential Land Offered at $165,000 in Garner, NC 27529
Investment Highlights
- Located in Garner’s traditional business district steps from retail, dining, and cultural attractions.
- 0.34-acre lot with public road frontage and full utility connections (water, sewer, electricity).
- Potential Qualified Opportunity Zone with associated tax incentive benefits.
- Walkable environment near restaurants, coffee shops, an ice rink, and entertainment venues.
- Minutes to Highway 70 and I-40, with Downtown Raleigh just 15 minutes away.
Executive Summary
Seize the chance to invest in a 0.34-acre lot in the heart of Historic Downtown Garner’s vibrant business district! Located at 200 Rand Mill Rd, this property offers unparalleled potential for investors looking to renovate or build in a thriving entertainment and cultural hub. Surrounded by restaurants, a bakery, coffee shops, an ice skating rink, and event venues, this site is perfectly positioned for commercial or mixed-use development in Garner’s growing traditional business district.
As a potential Qualified Opportunity Zone investment, this property may qualify for significant tax advantages, including capital gains deferral and possible exclusion of appreciation if held for 10 years (consult a tax professional for eligibility). Just minutes from Hwy 70 and I-40, and only 15 minutes from downtown Raleigh, this lot combines small-town charm with big-city accessibility. Don’t miss this rare opportunity to shape the future of Garner’s dynamic downtown! Contact me for more details and to explore this exceptional investment in a high-growth area! https://public.nccommerce.com/oz/
Needs complete rehab. Unsafe flooring inside. Asbestos inspection shows 2 positive of 25 tests in linoleum flooring and the plaster base coat. Report attached.
Property Facts
1 Lot Available
Lot 1
| Price | $165,000 | Lot Size | 0.34 AC |
| Price Per AC | $485,294.12 |
| Price | $165,000 |
| Price Per AC | $485,294.12 |
| Lot Size | 0.34 AC |
Amazing opportunity in the middle of Historic Downtown Garner's vibrant business, entertainment and cultural center. This .34 acre lot offers an incredible chance to renovate or build in this exciting and growing area!https://public.nccommerce.com/oz
Description
This 0.34-acre lot presents a unique investment opportunity in the heart of Historic Downtown Garner’s evolving business and cultural district. Positioned within walking distance of restaurants, coffee shops, a bakery, entertainment venues, and a local ice-skating rink, the site is well-integrated into a lively pedestrian-friendly environment. The property sits in an area poised for continued growth and offers the flexibility for commercial or mixed-use development, making it an appealing option for investors and developers. With frontage along a city-maintained asphalt road and established utility access—including public sewer, water, and electricity—the lot is ready for redevelopment. Strategically located just minutes from Highway 70 and I-40 and only 15 minutes from Downtown Raleigh, this parcel provides exceptional regional connectivity while benefiting from Garner’s small-town appeal and growing commercial vitality. In addition, the property is identified as a potential Qualified Opportunity Zone investment, creating the possibility for significant tax advantages under current regulations (consult a tax professional for eligibility).
Property Taxes
| Parcel Number | 1711.19-71-0810-000 | Improvements Assessment | $14,678 |
| Land Assessment | $106,632 | Total Assessment | $121,310 |
Property Taxes
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200 Rand Mill Rd
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