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    1001 Memorial Dr Greenville, NC 27834

    Sponsored
    For Sale
    $900,000

    Prime QSR location, high traffic, vacant.

    Property size:
    2,618 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,618 square foot Quick Service Restaurant (QSR) property is available for sale at $900,000. Located at 1001 S. Memorial Drive in Greenville, NC (zip code 27834), this vacant building sits on a 0.86-acre lot and offers 37 parking spaces, a drive-thru, and is situated across from Guy Smith Stadium. Built in 1981, the single-story building is zoned CH (Heavy Commercial), allowing for a variety of uses. The property benefits from high visibility at a fully signalized intersection, with a daily traffic count of 19,000 vehicles. Its proximity to ECU Health Medical Center and other major fast-food chains further enhances its appeal. The property features one building with a total of 2,618 square feet of net rentable space. This is a fantastic opportunity for an owner-operator or investor seeking a high-traffic location with significant potential. The property is offered for sale by owner. The property's APN is 21935. No ground lease is in place, and the ownership is 100%.

    Property Features for 1001 Memorial Dr

    General Information

    Property type
    Restaurants
    Square Feet
    2,618 SF
    Class
    C
    Lot Size
    37,462 SF

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 2,618 SF QSR building for sale at $900,000.
    • 37 parking spaces and drive‑thru.
    • High‑traffic location across from Guy Smith Stadium.
    • 19,000 VPD at a signalized intersection.
    • Zoned CH (Heavy Commercial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -77.3958063
    Latitude
    35.6018618

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    FAQs

    What type of property is this?
    Restaurant - Prime QSR location, high traffic, vacant.
    Where is this restaurant located?
    The property is located at 1001 Memorial Dr Greenville, NC.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 2,618 SF QSR building for sale at $900,000.; 37 parking spaces and drive-thru.; High-traffic location across from Guy Smith Stadium.
    (817) 559-3196
    Request Owner's contact information
    1001 Memorial Dr 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
    1001 Memorial Dr Greenville, NC 27834
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