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Remodeled Office Unit
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105 E Arlington Boulevard Suite C, Greenville, NC 27858

Suite B offers a renovated, partially furnished office layout with private work areas, meeting space, and general commercial zoning.

Property Size2,730 SF
Price / SF$1.28
Days on Market150

Property Features for 105 E Arlington Boulevard Suite C

General Information

Standard status Active
Size 2,730 SF
Zoning CG

Additional Details

Furnished Yes

Building Details

Year Built 1976
Listing Agency: RUSSELL PROPERTY MANAGEMENT LLC
Listed By: ROCKY RUSSELL · License #235131
Source: Barefootbrokers
Added: May 28 Changed: Oct 12 Last Checked: Oct 7 at 4:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RUSSELL PROPERTY MANAGEMENT LLC

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Investment Insights

Based on property information with market context.

Suite B is a newly remodeled office unit with approximately 2730 SF of space. The configuration includes a lobby, seven offices, eight cubicles, a conference room, break room, computer room, supply room, and two bathrooms. Improvements include new flooring, fresh paint, an updated kitchen with refrigerator, microwave, and dishwasher, along with renovated bathrooms. The unit is partially furnished and carries CG (General Commercial) zoning.

Key Highlights

  • 2730 +/- SF office unit in Suite B
  • Seven offices and eight cubicles
  • Conference room, lobby, break room, computer room, and supply room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,392
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,840 $587.8K
Cap Rate 7%
$419,886 $419.9K
Cap Rate 9%
$326,578 $326.6K
Market Conditions
NOI Build-Up for 2,730 SF
Gross rent
$47.5K $17.40/SF
− Vacancy
−$8.3K −$3.05/SF
EGI
$39.2K $14.35/SF
− OpEx
−$9.8K −$3.59/SF
NOI
$29.4K $10.77/SF
Area
Pitt County, NC
Vacancy
17.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,840
Cap Rate 7%
$419,886
Cap Rate 9%
$326,578

Alternative Uses

Best Use
Office B
$419.9K
$367.4K – $489.9K (±1% cap)
NOI $29,392 @ 7.0% cap · market cap 839.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$594.3K
$520.0K – $693.3K (±1% cap)
NOI $41,600 @ 7.0% cap · market cap 1,188.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Southern Insurance Insurance Agency Jim Clement Insurance Agency Customer First Mortgage ... Loan Service

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

Demographics for 27858, NC

52,857
Population
26,281
Households
2
Avg Household Size
31
Median Age
46%
College-Educated
94%
High-School Grad
61.4 sq mi
ZIP Area
861
Density / Sq Mi
$60,915
Median Household Income
$34,598
Median Earnings
$1,042
Median Rent
$233,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Suite B offers a renovated, partially furnished office layout with private work areas, meeting space, and general commercial zoning.
Where is this office unit located?
The property is located at 105 E Arlington Boulevard Suite C Greenville, NC.
What are key features of this property?
This property features: 2730 +/- SF office unit in Suite B; Seven offices and eight cubicles; Conference room, lobby, break room, computer room, and supply room
More about this property
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