Check Availability
Garner 27529
200 Rand Mill Road
$159,900
↓ $5K (3%)
● Land - For Sale

200 Rand Mill Road

Garner, NC 27529
bedrooms
Studio
bathrooms
0 Bath
$892
Est. Monthly

About This Property

Prime Investment Opportunity! 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! Ask for more details and to explore this exceptional investment in a high-growth area.
Unit Size
-
Days on Market
435 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$107
HOA Dues
-
Year Built
1917

Listed By

Kathy Beacham
Howard Perry & Walston Realtor

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (TMLS #10116770)

Price History

Date / Event Date Event Price
Jul 23, 2026 Price Decreased $159,900
↓ $5K (3%)
Price Decreased
Apr 21, 2026 Price Decreased $164,900
↓ $100 (0.1%)
Price Decreased
Aug 18, 2025 Listed by Coldwell Banker HPW $165,000
Listed by Coldwell Banker HPW
Mar 17, 2025 Listed $165,000
Listed
Prime Investment Opportunity! 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 us for more details and to explore this exceptional investment in a high-growth area. https://raleigh-wake.org/business-advantages/equitable-economic-development/opportunity-zones
Jan 2, 2025 Sold
Sold
Show More

Property Highlights

Exterior Details
Other Structures: None
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Lot Size Dimensions: 73x197x73x197
Water Source: Public
Financial Details
Tax Map Number: 1
Tax Assessed Value: $121,310
Tax Annual Amount: $1,278
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO1 200 RAND MILL ROAD

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052803

Zoning

  • Zoning: CBD

Geography

  • Account Number: 0036283
  • District: 16
  • Parcel: 1711.19-71-0810 0036283
  • Lot: 1
  • Municipality: ST MARY'S
  • Latitude: 35.7052
  • Longitude: -78.6056

    Address

  • Full Address: 200 Rand Mill Rd
  • Address - House Number: 200
  • Address - Street Name: Rand Mill
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Garner
  • Carrier Code: C002
  • 4-Digit Zip Code: 3247
  • Zip Code: 27529

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $99,640

    Appraisal Valuation

  • Standard Deviation: 0.1241
  • Valuation Date: Sep 14, 2022
  • Confidence Score: 86
  • Final Value: 213,569
  • High Value: 240,078
  • Low Value: 187,060

    Market Valuation

  • Market Total Value: $83,339
  • Market Land Value: $81,455
  • Market Improvement Value: $1,884

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,339
  • Assessed Land Value: $81,455
  • Assessed Improvements Value: $1,884

    Sales

  • Current Sale Contract Date: Jan 26, 1994
  • Current Sale Recording Date: Jan 26, 1994
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Garner


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1013 Early Rise, Raleigh, NC, 27610

$1,970 /mo

  • 4 Beds
  • 2 Baths
  • 2,045 ft²
1013 Early Rise, Raleigh, NC, 27610 Listing by Andrew Santucci
Unit for rent at 3413 Rocket Court, Raleigh, NC, 27610

$1,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,461 ft²
3413 Rocket Court, Raleigh, NC, 27610 Listing by Franchelle Stevens
Unit for rent at 141 Bayleigh Court, Garner, NC, 27529

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,612 ft²
141 Bayleigh Court, Garner, NC, 27529 Listing by Jason Pittman


Frequently Asked Questions

When was property at 200 Rand Mill Road built and last sold?
The property at 200 Rand Mill Road was built in 1917 and last sold on Jan 26, 1994 for $16,500.
How much is this home worth?
The estimated value of the home located at 200 Rand Mill Road is $161,499.
What are some comparable homes to 200 Rand Mill Road?
There are currently no comparable homes to 200 Rand Mill Road.