Closed
Last Sold Price
$210,000
7,405 Lot Size0.17 Acres

1103 Garner Rd, Raleigh, NC 27601

Description

Prime Downtown Raleigh Investment Opportunity! Located in a highly desirable area where new homes are selling for over $600K, this property offers the perfect canvas for development. Build the home of your dreams or capitalize on the growing demand for new construction in Raleigh's thriving downtown. Based on it's R-10 zoning, a duplex can be built by right on this lot, with opportunities for greater density (please confirm with the City of Raleigh and consult the UDO). A rare chance for builders...Prime Downtown Raleigh Investment Opportunity! Located in a highly desirable area where new homes are selling for over $600K, this property offers the perfect canvas for development. Build the home of your dreams or capitalize on the growing demand for new construction in Raleigh's thriving downtown. Based on it's R-10 zoning, a duplex can be built by right on this lot, with opportunities for greater density (please confirm with the City of Raleigh and consult the UDO). A rare chance for builders and investors to create something special in a sought-after market. The home that was on the property was demoed in 2024. Property is sold as-is—bring your vision to life!
LandProperty Type
0.17 acresLot Size
Listing closed: 12/23/2024 12:00 AM
Source: Doorify MLS (fka Triangle MLS), MLS#: 10053646
Listing Agents
  1. Annette Holt

    Annette Holt

    Listing Agent

    Compass -- Cary

    P: (919) 810-2203

    M: (919) 810-2203

  2. Davis Holt

    Davis Holt

    Alternative Listing Agent

    Compass -- Cary

    P: (919) 810-2188

    M: (919) 810-2188

Recent comparable sales

Median sold price

$223,500

Avg days on market

94

Sale-to-list ratio

83.6%

Raleigh, NC

9 comparable properties found

$223,500 | 914 South State Street, Raleigh, NC 27601
1/11
1

$223,500

Sold 02/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$223,500 | 918 South State Street, Raleigh, NC 27601
1/11
2

$223,500

Sold 02/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$240,000 | 918 South Bloodworth Street, Raleigh, NC 27601
1/19
3

$240,000

Sold 12/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$220,000 | 1305 East Jones Street, Raleigh, NC 27610
1/5
4

$220,000

Sold 03/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.1
Acres
$245,900 | 1406 East Jones Street, Raleigh, NC 27610
1/4
5

$245,900

Sold 10/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.1
Acres
unknown
1/11
6

$215,000

Sold 04/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.04
Acres
$160,000 | 605 Bragg Street, Raleigh, NC 27601
1/4
7

$160,000

Sold 08/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
$250,000 | Lot 57 Ellen Dawson Way, Raleigh, NC 27603
1/15
8

$250,000

Sold 12/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.4
Acres
$160,000 | 1502 East Martin Street, Raleigh, NC 27610
1/5
9

$160,000

Sold 10/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres

Location

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$1,267 per month

Principal and Interest

$1,121

Property Taxes

$146

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Property information

1103 Garner Road

Property Details

  • Taxes: $1,756 / year
  • MLS Type: Land / Agriculture

Building Information

  • Lot Size: 0.17 AC

Summary

Location and General Information

  • Directions: 401 South to Willington St . Left on Hammond. Left on Garner Rd
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.766721
  • Longitude: -78.63126
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt

Taxes and HOA Information

  • Association: No
  • Tax Annual Amount: $1,756.13
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 09
  • Has Restrictive Covenants: No

Contract Information

  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)

School Information

  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools

Property

Lot Information

  • Lot Size Dimensions: 50x147x50x147
  • List PriceAcre: 1500000.0
  • Road Frontage Length: 50
  • Sold PriceAcre: 1235294.12
  • Sold PriceList Price: 0.82

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Property History

1103 Garner Road

DateEventPrice
Dec 23, 2024

Sold (Public Record)

Public Record #1547530126

$210,000
Dec 23, 2024

Sold

Doorify MLS (fka Triangle MLS) #10053646

$210,000
Dec 9, 2024

Pending

Doorify MLS (fka Triangle MLS) #10053646

—
DateEventPrice
12/23/2024

Sold (Public Record)

Public Record #1547530126

$210,000

+1.7% / yr

12/23/2024

Sold

Doorify MLS (fka Triangle MLS) #10053646

$210,000
12/09/2024

Pending

Doorify MLS (fka Triangle MLS) #10053646

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1103 Garner Road

Beds

0

Baths

1

Total Finished SqFt

768 SqFt

Above Grade Finished SqFt

768 SqFt

Stories

1

Lot Size

7,405 SqFt

Schools

Near 1103 Garner Road

This home is within Wake County School District.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1103 Garner Road, Raleigh, NC 27601
$210,000
–
–
–
7,405
–
–
–
–
8,712
$325,000
–
2
2,232
14,810
$475,000
–
3.5
2,950
8,276
$420,000
3
1,064
18,730
$500,000
–
2
2,048
22,651

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.