Listing Agency: Eastern Trust Real Estate Co j***@easterntrustre.com Show Phone

Listed By: Jeffrey Daniels · License #210208 Show Phone

Source: Moodyscre

Added: Sep 17, 2024 Changed: Aug 8 Last Checked: Jul 16 at 5:59AM

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Investment Insights

Based on property information with market context.

This is a \u00b126.09-acre development site with multi-family zoning in place that will allow for up to 435 market-rate apartments by-right in Greenville, North Carolina. The site is conveniently located to both the medical corridor of Greenville and East Carolina University. Its proximity to Highway 587 gives future residents convenient access to major thoroughfares across Greenville and into the Raleigh/Fayetteville MSAs. ECU Health Medical District is a main economic driver in the market.

Key Highlights

• ±26.09‑acre development site.
• Multi‑family zoning allows for up to 435 market‑rate apartments by‑right.
• Convenient location to both the medical corridor of Greenville and East Carolina University.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

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

56

Businesses Nearby

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Frequently Asked Questions

What type of property is this?

Land - 26-acre development site zoned for multi-family apartments in Greenville.

Where is this land located?

The property is located at 1871 Allen Rd Greenville, NC.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: ±26.09‑acre development site.; Multi‑family zoning allows for up to 435 market‑rate apartments by‑right.; Convenient location to both the medical corridor of Greenville and East Carolina University.