Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    4597 Us-264 Greenville, NC

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office and warehouse/flex space near Greenville for lease.

    Property size:
    4,325 SF
    Lot size:
    2.95 Acres

    Property Features for 4597 Us-264

    General Information

    Size
    4,325 SF
    Lot size
    2.95 Acres

    We can help!

    Listing Contact
    Byron Aynes
    Byron Aynes
    Source: Moodyscre

    Listing Agency: The Overton Group Listing Agent: Byron Aynes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Office and Flex Space Available

    Located near Greenville, 4597 US 264 E offers two buildings available for lease, providing businesses with both warehouse/flex and office space options. The buildings will be delivered in a warm vanilla shell condition. The office building features a traditional office layout, including ten offices, one conference room, and four restrooms. The warehouse/flex building has a peak ceiling height of 20 feet, with an eave clearance of just over 13 feet. The property offers 4,325 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Building Supply Auto Repair Shop Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.3663538
    Latitude
    35.612661

    Nearby Similar for Lease

    • $2,900 /Mo
      1,945 SF

      Move-in Ready Office Space Available

      Well-maintained office complex with flexible options in Greenville, NC.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $2,900 /Mo
      1,775 SF

      Move-in Ready Office Space Available

      All-inclusive office complex with flexible leasing options in Greenville.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $2,850 /Mo
      1,510 SF

      Move-in Ready Office Space Available

      Office space for lease in Greenville, NC with all-inclusive amenities.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $2,850 /Mo
      1,575 SF

      Move-in Ready Office Space Available

      Well-maintained office space with all-inclusive amenities in a prime location.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • New
      $500 /Mo
      150 SF

      Move-in Ready Greenville Office Spaces

      Individual office spaces available with all-inclusive amenities in Greenville, NC.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $2,800 /Mo
      1,730 SF

      Move-in Ready Greenville Office Space

      Customizable office space with all-inclusive amenities in a central location.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $850 /Mo
      520 SF

      Move-in Ready Office Space Available

      Well-maintained office space with all-inclusive amenities in Greenville, NC.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $850 /Mo
      685 SF

      Move-in Ready Office Space Available

      Well-maintained office space with all-inclusive amenities in Greenville, NC.
      404 St Andrews Dr, Greenville, NC 27834
      View Details
    • $500 /Mo
      210 SF

      Executive Suites with Shared Amenities

      Single office suites for rent with utilities and internet included.
      1330 E Arlington Blvd, Greenville, NC 27858
      View Details
    • $550 /Mo
      170 SF

      Greenville Office Space For Rent

      Class A office space available in Greenville, North Carolina.
      905 Conference Dr, Greenville, NC 27858
      View Details
    • Contact for pricing
      2,999 SF

      Premier Mixed-Use Property in Uptown

      Retail, restaurant, or office spaces in Greenville's vibrant Uptown District.
      630 Cotanche St, Greenville, NC 27858
      View Details
    • Contact for pricing
      6,250 SF

      Industrial Property with Showroom

      Highly visible industrial property with showroom, office, and drive-in doors.
      1924 N Memorial Dr, Greenville, NC 27834
      View Details

    FAQs

    What type of property is this?
    Office space - Office and warehouse/flex space near Greenville for lease.
    Where is this office space located?
    The property is located at 4597 Us-264 Greenville, NC.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Opportunity to lease warehouse/flex and office space near Greenville.; - Warehouse/flex building with **20' peak ceiling height**.; - Warehouse/flex building with over 13' clearance on the eaves.
    (252) 355-7006 Call to check price and availability
    Request Owner's contact information
    4597 Us-264 Greenville, NC
    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.
    4597 Us-264
    Greenville, NC
    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
    4597 Us-264 Greenville, NC
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Byron Aynes
    Byron Aynes
    Real Estate License ID: 278747
    (252) 355-7006 (252) 414-1710 (252) 714-8706
    Learn more
    Google sign-in failed. Please try again or use another login method.