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520 Powell Drive - 520 Powell Drive Garner 2.9 Acres of Residential Land Offered at $395,000 in Garner, NC 27529



Investment Highlights
- ±2.86-acre residential development opportunity with entitlements underway for a 6-home boutique custom community.
- Entitlement process substantially complete, offering a faster path to horizontal and vertical development
- Excellent connectivity with convenient access to I-40, US-70, and the Triangle's major employment centers, supporting strong long-term residential dem
- Prime Garner location just minutes from Downtown Garner and approximately 15 minutes to Downtown Raleigh.
- Ideal for custom or semi-custom home builders seeking a signature infill project in a high-demand market.
Executive Summary
Unlike raw land requiring years of planning, this project offers a streamlined path toward construction, making it ideal for builders looking to quickly add premium inventory to the market.
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Property Facts
1 Lot Available
Lot 1
| Price | $395,000 | Lot Size | 2.90 AC |
| Price Per AC | $136,206.90 |
| Price | $395,000 |
| Price Per AC | $136,206.90 |
| Lot Size | 2.90 AC |
±2.86-acre residential development site with entitlements underway for a 6-lot boutique custom home community. Prime Garner location near Downtown Raleigh, I-40, and US-70, offering a streamlined path to construction.
Description
520 Powell Drive presents a rare opportunity to acquire approximately 2.86 acres in one of Wake County's most desirable and rapidly growing residential markets. Located just minutes from Downtown Garner and approximately 15 minutes from Downtown Raleigh, the property is being offered with the entitlement process well underway for a six-lot boutique custom home community, providing a streamlined path from acquisition to development. Designed for a custom or semi-custom home builder, the proposed subdivision features six premium homesites that offer flexibility for distinctive floor plans, upscale finishes, and architectural character. Unlike larger production neighborhoods, this project allows a developer to create an exclusive residential enclave that appeals to today's discerning homebuyers seeking quality craftsmanship and thoughtful design. The property's strategic location offers convenient access to I-40, US-70, NC-50, and the greater Triangle employment corridor, placing residents within easy reach of major employers, shopping, dining, healthcare, and recreational amenities. Wake County continues to experience exceptional population growth, strong housing demand, and a limited supply of quality residential development sites, making boutique infill opportunities increasingly difficult to find. With significant entitlement progress already completed, this offering reduces much of the uncertainty and timeline associated with traditional land development. Whether you're an established custom builder or a residential developer seeking your next signature project, 520 Powell Drive represents an exceptional opportunity to deliver a high-quality residential community in one of the Triangle's strongest housing markets.

