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    238 Forlines Rd Winterville, NC 28590

    Sponsored
    For Sale
    $447,000

    1.786 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.786-acre industrial lot in Winterville, North Carolina, presents a compelling investment opportunity. Located in Pitt County, at 238 Forlines Rd, zip code 28590, this property boasts a prime location near a high-traffic intersection and minutes from Interstate 587, ensuring easy access for employees and customers. Currently zoned for industrial use, the lot offers a wide range of development possibilities. Its flat topography and existing drainage/retention systems make it shovel-ready, minimizing upfront development costs. After accounting for setbacks, a maximum building footprint of approximately 32,200 square feet (140' x 230') is feasible. The property is part of the Global Trans Park Foreign Trade Zone, providing significant advantages for developers involved in importing goods. Essential utilities are readily available, including municipal water, sewer, city electric, and fiber optic cable. The surrounding area features established businesses, schools, a bypass, and an airport, contributing to a thriving and convenient environment. The asking price is $447,000, representing a land value of $250,000 per acre. This is an ideal opportunity for developers and investors seeking a high-growth area with strong demographic trends. Don't miss this chance to acquire a premium commercial location in a well-developed business area just outside Greenville, NC.

    Property Features for 238 Forlines Rd

    General Information

    Property type
    Land
    Lot Size
    77,798 SF

    HighLights

    • Vacant land ideal for immediate development in a thriving Greenville, NC business district.
    • Located within the Global Trans Park Foreign Trade Zone, offering significant tax advantages.
    • Centrally situated in a well‑established commercial area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Winterville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.413160486858
    Latitude
    35.536802628343

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    FAQs

    What type of property is this?
    Land - 1.786 Acres, Prime Location
    Where is this land located?
    The property is located at 238 Forlines Rd Winterville, NC.
    What is the asking price?
    The asking price for this property is $447,000.
    What are key features of this property?
    This property features: Vacant land ideal for immediate development in a thriving Greenville, NC business district.; Located within the Global Trans Park Foreign Trade Zone, offering significant tax advantages.; Centrally situated in a well-established commercial area.
    Request Owner's contact information
    238 Forlines Rd Winterville, NC 28590
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    Winterville, NC 28590
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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
    238 Forlines Rd Winterville, NC 28590
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