Shell-Condition Storefront
For Sale
$325,000
811 Dickinson Ave, Greenville, NC 27834
Existing shell condition gives buyers flexibility to shape the interior for a commercial use.
Property Size2,600 SF
Price / SF$125
Days on Market62
Property Features for 811 Dickinson Ave
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Business Opportunity
Building Details
Year Built
1922
Buildings
1
Listing Agency:
Keller Williams Realty Points East
Listed By:
Shannon Hodges · License #219088
(252) 341-1723
Source:
Ibxcoastalliving
Added: Aug 14
Changed: Oct 11
Last Checked: Oct 7 at 1:06PM
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 Keller Williams Realty Points East
Investment Insights
Based on property information with market context.
This 2,600-square-foot storefront building dates to 1922 and is offered in shell condition, allowing the next owner to plan the interior around a future commercial concept. The sale includes only 811 Dickinson, with the seller completing a parcel subdivision before closing. Private parking is not included.
The property sits on Dickinson Avenue in Uptown Greenville, within an active district surrounded by downtown businesses, dining, offices, and entertainment. East Carolina University is only minutes away, placing the building within the broader Uptown setting described in the property information.
The property sits on Dickinson Avenue in Uptown Greenville, within an active district surrounded by downtown businesses, dining, offices, and entertainment. East Carolina University is only minutes away, placing the building within the broader Uptown setting described in the property information.
Key Highlights
- 2,600 SF storefront building
- Built in 1922
- Shell condition provides a blank interior configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,030
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,600
$440.6K
Cap Rate 7%
$314,714
$314.7K
Cap Rate 9%
$244,778
$244.8K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$34.3K $13.20/SF
− Vacancy
−$2.8K −$1.10/SF
EGI
$31.5K $12.10/SF
− OpEx
−$9.4K −$3.63/SF
NOI
$22.0K $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%
$440,600
Cap Rate 7%
$314,714
Cap Rate 9%
$244,778
Alternative Uses
Best Use
Retail
$314.7K
$275.4K – $367.2K
NOI $22,030 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$566.0K
$495.2K – $660.3K
NOI $39,619 @ 7.0% cap · market cap 12.19%
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
Location Intelligence
Trade Area within ½ mile
1,510
Businesses Nearby
126k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 12%
McDonald's
Dining
32,112 visits/mo
0.3 miles
Krispy Kreme Doughnuts
Dining
26,588 visits/mo
0.3 miles
Starbucks
Dining
20,034 visits/mo
0.2 miles
Taco Bell
Dining
18,366 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
7,678 visits/mo
0.4 miles
Demographics for 27834, NC
55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
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 Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Existing shell condition gives buyers flexibility to shape the interior for a commercial use.
Where is this storefront property located?
The property is located at 811 Dickinson Ave Greenville, NC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,600 SF storefront building; Built in 1922; Shell condition provides a blank interior configuration
