Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    829 Star St Greenville, NC 27834

    View on Map
    New
    For Sale
    $1,960,000

    Greenville Flex Industrial Space

    Property size:
    5,000 SF
    Price / SF:
    $392/SF
    Added:
    Apr 22, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 22 at 1:25 pm

    Property Features for 829 Star St

    General Information

    Standard status
    Active
    Property type
    Other commercial real estate, Other industrial properties
    Size
    5,000 SF

    We can help!

    Listing Contact
    Tim Ferruzzi
    Tim Ferruzzi

    Listing agent Tim

    Listing office

    Listing date Apr 22, 2026

    Overview

    Greenville Flex Industrial Space

    A unique industrial flex space is available for sale, offering a turnkey solution ready for immediate occupancy. The property is in excellent condition and includes three shelters totaling 5,000 square feet, providing additional versatility for various operational needs. Its cost-effectiveness offers a strategic advantage compared to the current market dynamics of purchasing land and building anew. Ideal for manufacturing, warehousing, or distribution purposes, this property is located in Greenville, North Carolina, and is primed to accommodate diverse commercial endeavors seamlessly.
    Location Intelligence

    Current Use by Public Records

    Highland Residential & Commercial ... Roofing Company Greenville Seamless Gutters Hardware & Home Improvement Handy Helpers Inc. Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4399222
    Latitude
    35.5684181

    Nearby Similar for Sale

    • $425,000
      4,544 SF

      Greenville Multi-Family Investment Opportunity

      Three duplexes on one parcel with income and renovation potential.
      519 Mckinley Avenue, Greenville, NC 27834
      View Details
    • $900,000

      Farm and Hunting Land Opportunity

      180+ acre farm with hunting potential near Greenville, NC.
      Conetoe Road, Greenville, NC 27834
      View Details
    • $449,000

      Greenville Triplex on Corner Lot

      Triplex in Greenville, NC, with commercial development potential.
      1301 Dickinson Avenue, Greenville, NC 27834
      View Details
    • $185,500
      2,371 SF

      Versatile Duplex with Studio Apartment

      Duplex with separate studio, ideal for owner-occupant or investor.
      1400 Chestnut Street, Greenville, NC 27834
      View Details
    • $350,000
      1,185 SF

      Greenville Duplex For Sale

      Duplex in Greenville, NC with month-to-month tenants.
      520 Lake Road, Greenville, NC 27834
      View Details
    • $125,000
      910 SF

      Renovated Duplex: Investment Opportunity

      Fully renovated duplex in Greenville, NC, ideal for investors.
      1911 Mcclellan Street, Greenville, NC 27834
      View Details
    • $209,900
      1,602 SF

      Versatile Investment Property Near University

      Multifamily property near East Carolina University with flexible investment options.
      2801 Jefferson Drive, Greenville, NC 27858
      View Details
    • $275,000
      1,950 SF

      Turnkey Duplex Near ECU Campus

      Fully occupied, renovated duplex near East Carolina University.
      935 B'S Barbeque Road, Greenville, NC 27834
      View Details
    • $650,000
      2,950 SF

      Greenville Office Building For Sale

      Fully occupied office building in Greenville with rental upside.
      125 Oakmont Drive, Greenville, NC 27858
      View Details
    • $294,900
      3,300 SF

      Commercial Property with Auto Business

      3,300 sq ft commercial property with established auto business.
      2227 S Memorial Drive, Greenville, NC 27834
      View Details
    • $425,000
      1,625 SF

      Medical Office Condo For Sale

      Former dental office in Greenville's medical district.
      1025 WH Smith Boulevard 104, Greenville, NC 27834
      View Details
    • $5,297
      2,730 SF

      Office Space on Arlington Boulevard

      Office space available for sale in Greenville, North Carolina.
      105 E Arlington Boulevard Suite C, Greenville, NC 27858
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Greenville Flex Industrial Space
    Where is this commercial real estate located?
    The property is located at 829 Star St Greenville, NC.
    What is the asking price?
    The asking price for this property is $1,960,000.
    (910) 729-9180
    We can help!
    Listing Contact
    Tim Ferruzzi
    Tim Ferruzzi
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!