Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    811 Dickinson Ave Greenville, NC 27834

    View on Map
    Sponsored
    Picture of Commercial land at Dickinson Ave 811, Greenville, NC
    For Sale
    $400,000

    COMMERCIAL - Greenville, NC

    Property size:
    2,600 SF
    Lot size:
    0.08 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 6 at 3:06 am

    Property Features for 811 Dickinson Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CDF
    APN
    003719
    Size
    2,600 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    1922

    We can help!

    Listing Contact
    Shannon Hodges
    Shannon Hodges

    Greenville Professional Group dba Keller Williams Realty Points East (252) 355-6000

    Listing agent Shannon Hodges (252) 355-6000 License #219088

    Listing date Mar 5, 2026

    MLS# 100555785

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Uptown Greenville Commercial Building Opportunity

    This commercial building is located in the heart of Uptown Greenville, North Carolina, on Dickinson Avenue, surrounded by downtown businesses, dining, offices, and entertainment, and just minutes from East Carolina University. The location offers excellent visibility and benefits from the energy of one of the city's most walkable and active districts. The building is currently in shell condition, providing a blank canvas for a buyer to bring their vision to life. This space is ideal for an owner-user, investor, or developer seeking flexibility and creative freedom in an Uptown setting. Uptown Greenville continues to experience growth and renewed interest, making this an excellent opportunity to secure a foothold in a highly desirable commercial corridor where demand for well-located space remains strong. The property has a zoning of CDF. The building has a size of 2600 square feet and is situated on a lot of 0.08 acres. The property is being sold as a commercial building. The subdividing of the property is currently underway and being completed by the seller. No private parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hobby Horse Art Studio Jonathan Bowling Art Gallery

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.377291
    Latitude
    35.608584

    Nearby Similar for Sale

    • New
      Contact for pricing
      800 SF

      Office Space in Greenville

      Office space with four offices, reception, kitchenette, and bathroom.
      609 Country Club Dr, Greenville, NC 27834
      View Details
    • New
      $365,000
      1,185 SF

      Greenville Duplex For Sale

      Duplex in Greenville, NC, featuring updated interiors and steady income.
      520 Lake Rd, Greenville, NC 27834
      View Details
    • New
      $225,900
      1,602 SF

      Versatile Investment Property Near University

      Multifamily property near East Carolina University with flexible investment options.
      2801 Jefferson Dr, Greenville, NC 27858
      View Details
    • New
      $165,000
      Pending

      Duplex in High-Demand Rental Area

      Charming duplex with income potential near ECU and downtown.
      306 Watauga Ave, Greenville, NC 27834
      View Details
    • $200,000
      Pending

      Greenville Duplex with Leases

      Duplex in Greenville, NC with long-term leases in place.
      1214 Davenport St, Greenville, NC 27834
      View Details
    • New
      $430,000
      4,544 SF

      Greenville Multi-Family Investment Opportunity

      Three duplexes on one parcel, offering income and renovation potential.
      519 Mckinley Ave, Greenville, NC 27834
      View Details
    • $1,875,000
      11,464 SF

      Industrial Flex Office Warehouse Space

      Industrial, flex, office, and warehouse spaces available for sale.
      829-843 W Star St, Greenville, NC 27834
      View Details
    • $275,000
      Pending

      Greenville Multifamily Investment Opportunity

      Updated multifamily property in Greenville, NC with income potential.
      1505 Halifax St, Greenville, NC 27834
      View Details
    • $255,000
      Pending

      Greenville Multifamily Investment Opportunity

      Multifamily property in Greenville, NC with income potential.
      403 Paris Ave, Greenville, NC 27834
      View Details
    • $255,000
      Pending

      Greenville Multifamily Investment Opportunity

      Turnkey multifamily property in Greenville, NC with income potential.
      405 Paris Ave, Greenville, NC 27834
      View Details
    • $360,000
      Pending

      Greenville Multifamily Investment Opportunity

      Turnkey triplex with income potential in Greenville, North Carolina.
      1503 Pari St, Greenville, NC 27834
      View Details
    • $190,000
      Pending

      Greenville Multifamily Investment Opportunity

      Multifamily property in Greenville, NC with income potential.
      804 Imperial St, Greenville, NC 27834
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial building in the heart of Uptown Greenville, North Carolina.
    Where is this commercial land located?
    The property is located at 811 Dickinson Ave Greenville, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Uptown Greenville, a highly desirable commercial corridor.; - Rare opportunity due to limited availability of properties in this location.; - Excellent visibility and high foot traffic in a walkable, active district.
    (252) 341-1723
    Request Owner's contact information
    811 Dickinson Ave Greenville, NC 27834
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    811 Dickinson Ave
    Greenville, NC 27834
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    811 Dickinson Ave Greenville, NC 27834
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shannon Hodges
    Shannon Hodges
    Real Estate License ID: 219088
    (252) 341-1723 (252) 355-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!