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Freestanding Storefront Property
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1800 E Arlington Boulevard, Greenville, NC 27858

Single-story layout with open sales space and flexible bay configuration.

Property Size12,339 SF
Lot Size1.15 Acres
Price / SF$198.56
Days on Market57

Property Features for 1800 E Arlington Boulevard

General Information

Standard status Active
Size 12,339 SF
Lot size 1.15 Acres
Property subtype Retail
Zoning CG

Additional Details

Asking Price $2,450,000
Traffic Count 33,000 vehicles/day

Building Details

Year Built 2015
Buildings 1
Stories 1
Listing Agency: Khoury Connect
Listed By: Brian York · License #NC 246339
Source: Crexi
Added: Sep 4 Changed: Oct 25 Last Checked: Oct 28 at 6:37AM

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 Khoury Connect

Rey
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Investment Insights

Based on property information with market context.

Built in 2015, this freestanding single-story storefront property contains approximately 12,339 SF on 1.15 acres. The interior features a largely open sales floor, two restroom areas, and back-of-house circulation. The layout supports merchandising, showroom, retail, medical, and service-oriented operations, while the first three storefront bays are wired and plumbed for possible subdivision.

The property is located near the Arlington Boulevard and Fire Tower Road retail node in Greenville, with reported traffic counts of approximately 29,000 to 33,000 vehicles per day. On-site parking and storefront signage exposure add practical features for customer-facing operations. The property is zoned CG – General Commercial.

Key Highlights

  • Approximately 12,339 SF freestanding storefront property on 1.15 acres
  • Built in 2015 with a single‑story configuration
  • First three storefront bays wired and plumbed for possible subdivision

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,549
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,090,980 $2.1M
Cap Rate 7%
$1,493,557 $1.5M
Cap Rate 9%
$1,161,656 $1.2M
Market Conditions
NOI Build-Up for 12,339 SF
Gross rent
$162.9K $13.20/SF
− Vacancy
−$13.5K −$1.10/SF
EGI
$149.4K $12.10/SF
− OpEx
−$44.8K −$3.63/SF
NOI
$104.5K $8.47/SF
Area
Pitt County, NC
Vacancy
8.30%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,090,980
Cap Rate 7%
$1,493,557
Cap Rate 9%
$1,161,656

Alternative Uses

Best Use
Retail
$1.49M
$1.31M – $1.74M (±1% cap)
NOI $104,549 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.35M – $3.13M (±1% cap)
NOI $188,023 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Partymakers Party Supply Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant Electrical Service

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

Lease Details

33,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,617
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 35% Hotels & Casinos 6% Electronics 4%
Royal Farms Shops & Services
21,891 visits/mo 0.2 miles
State Employees Credit Union Shops & Services
13,476 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,772 visits/mo 0.2 miles
Firehouse Subs Dining
5,322 visits/mo 0.1 miles
Hwy 55 Burgers, Shakes & Fries Dining
3,279 visits/mo 0.1 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Single-story layout with open sales space and flexible bay configuration.
Where is this storefront property located?
The property is located at 1800 E Arlington Boulevard Greenville, NC.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Approximately 12,339 SF freestanding storefront property on 1.15 acres; Built in 2015 with a single‑story configuration; First three storefront bays wired and plumbed for possible subdivision
(919) 239-3133 Call to check price and availability
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