2705 Benson Rd

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2705 Benson Rd

Garner, NC 27529
Asking Price
$2.50M
Asset Type
Land
Class
Class B

What's Special

2705 Benson Road is situated in Garner, North Carolina, within a developing corridor of Wake County. The property occupies a strategic position near the intersection of NC Highway 50 and Timber Drive, offering immediate access to local retail centers and residential subdivisions. The site is located approximately three miles from the Interstate 40 interchange, facilitating regional connectivity to Raleigh and the broader Research Triangle area. Existing neighborhood infrastructure supports a mix of professional services and commercial activity, with nearby amenities including grocery-anchored shopping centers and municipal parks. The property is suited for commercial development or specialized land use consistent with local zoning regulations. Ideal use cases include the construction of professional office suites, medical facilities, or neighborhood-scale retail storefronts. The location is appropriate for owner-occupants seeking local visibility or developers targeting service-based tenants looking to serve the growing residential population in Garner. Its proximity to major transit routes also makes it a viable candidate for light commercial applications requiring frequent client access or logistical proximity to the Raleigh metropolitan core.

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

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