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    2416 Emerald Pl Greenville, NC 27834

    Sponsored
    For Sale
    $926,182

    1.64 Acres, Build-to-Suit Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.64-acre commercial land parcel, located at 2416 Emerald Place in Greenville, North Carolina (27834), presents a prime investment opportunity in a thriving medical district. Zoned for Medical Office (MO) use, this property offers significant potential for development. The asking price is $926,182, translating to a land value of $13 per square foot. Situated in an established medical office park near Vidant Hospital, this site boasts convenient access to Arlington Blvd and Emerald Place. Utilities are readily available on-site, and storm drainage infrastructure is prepared for expansion. The location is highly desirable, surrounded by a concentration of medical professionals, including Vidant corporate offices, Vidant Internal Medicine, Vidant Family Medicine, Earp Dentistry, Carolina Women's Physicians, and East Carolina Pain Consultants. The seller is willing to accommodate build-to-suit requests, offering a turnkey solution for developers. This presents a unique chance to establish a presence in a high-demand area with strong existing medical infrastructure and a high concentration of patients and professionals. The property's strategic location and the seller's flexibility make this an attractive proposition for developers seeking a high-return investment in a rapidly growing medical hub. This is a rare opportunity to acquire a well-positioned medical office site in a highly sought-after location.

    Property Features for 2416 Emerald Pl

    General Information

    Property type
    Land
    Lot Size
    71,438 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4069843
    Latitude
    35.6017366

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    FAQs

    What type of property is this?
    Land - 1.64 Acres, Build-to-Suit Opportunity
    Where is this land located?
    The property is located at 2416 Emerald Pl Greenville, NC.
    What is the asking price?
    The asking price for this property is $926,182.
    (252) 355-7006
    Request Owner's contact information
    2416 Emerald Pl Greenville, NC 27834
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    Greenville, NC 27834
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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
    2416 Emerald Pl Greenville, NC 27834
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