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203 New Rand Rd 3.1 Acres of Commercial Land Offered at $1,800,000 in Garner, NC 27529
Executive Summary
Strategically positioned at a signalized intersection along US Highway 70, this ±1.73-acre commercial parcel offers prime visibility and access in a rapidly growing corridor of Garner. Zoned CMX, the site is surrounded by major retailers, residential communities, and regional draws like Amazon and Wake Med. An adjacent ±1.37-acre residential parcel zoned R4 presents a unique opportunity for multifamily development. Garner’s proximity to Downtown Raleigh, I-40, and I-540, combined with a 25% population growth over the past decade, underscores the area’s strong demand and development momentum.
Property Facts Under Contract
| Price | $1,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.10 AC |
| Property Type | Land | ||
| Zoning | CR and R-9 - Commercial Mix & Residential | ||
| Price | $1,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.10 AC |
| Zoning | CR and R-9 - Commercial Mix & Residential |
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 3.10 AC |
| Price Per AC | $580,645.16 |
| Price | $1,800,000 |
| Price Per AC | $580,645.16 |
| Lot Size | 3.10 AC |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $439,230 | |
| Land Assessment | $688,025 | Total Assessment | $1,127,255 |
Property Taxes
Parcel Numbers
Land Assessment
$688,025
Improvements Assessment
$439,230
Total Assessment
$1,127,255
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203 New Rand Rd
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