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    15 10Th St Greenville, NC 27858

    Sponsored
    For Sale
    $350,000

    1.33 Acres, $350,000, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.33-acre commercial land parcel presents a remarkable development opportunity in Greenville, North Carolina. Located at the highly visible corner of East 10th Street (21,000 vehicles per day) and Brownlea, this property boasts a strategic position approximately half a mile from East Carolina University's campus, serving a student population exceeding 28,000. Currently zoned R9, with additional CDF zoning, the land is ideally suited for a variety of uses, including small-scale retail development or student housing projects, subject to necessary zoning adjustments. The asking price is $350,000. Parcel numbers 15535 & 15534 clearly identify this significant piece of real estate. Its high traffic location and proximity to a major university make it an attractive investment for developers seeking a high-return project. The substantial lot size offers ample space for creative and lucrative development plans. Detailed information and site plans are available upon request. Don't miss this chance to acquire a prime piece of Greenville real estate.

    Property Features for 15 10Th St

    General Information

    Property type
    Multifamily properties
    Lot Size
    57,935 SF

    HighLights

    • 1.33+/- acre site available for development.
    • Asking price: $350,000.
    • Parcel numbers: 15535 & 15534.
    • R9 zoning.
    • Corner lot at E. 10th Street (21,000 VPD) and Brownlea.
    • Excellent development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.350592148567
    Latitude
    35.602572176905

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    FAQs

    What type of property is this?
    Multifamily property - 1.33 Acres, $350,000, High Traffic
    Where is this multifamily property located?
    The property is located at 15 10Th St Greenville, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1.33+/- acre site available for development.; Asking price: $350,000.; Parcel numbers: 15535 & 15534.
    Request Owner's contact information
    15 10Th St Greenville, NC 27858
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    Greenville, NC 27858
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    Realmo Value Estimation

    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.

    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.

    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
    15 10Th St Greenville, NC 27858
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