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    800 Fire Tower Rd Winterville, NC 28590

    Sponsored
    For Sale
    $10,200,000

    Prime 17-acre commercial lot, fully serviced.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17-acre commercial land parcel presents a unique investment opportunity in Winterville, NC. Located at 800 E Fire Tower Rd, this CG-zoned property boasts a strategic location, offering unparalleled visibility and accessibility. The site benefits from completed stormwater management, installed water and sewer infrastructure, and a signaled intersection, ensuring seamless development. Two acres have already been acquired by the city for a new fire station, further enhancing the area's appeal. Situated on Fire Tower Road, between Arlington Blvd and Old Tar Road/Evans St, this property is poised to capitalize on the growth of this rapidly developing area. The recent widening of Fire Tower Road to five lanes and the presence of nearby upper-end residential neighborhoods, including Class A and B apartments, create a strong foundation for future development. The property's proximity to major retailers such as Walmart Neighborhood Market, Food Lion, Harris Teeter, Lidl, Sam's Club, and Lowe's, along with its convenient location within a 20-minute drive of ECU Health's Medical Campus and East Carolina University, further solidifies its investment potential. The asking price is $10,200,000, representing $600,000 per acre (excluding corner lot pricing unless a larger tract is purchased). Detailed site mapping is available upon request. This is an exceptional opportunity to acquire a highly desirable commercial property in a thriving market.

    Property Features for 800 Fire Tower Rd

    General Information

    Property type
    Land
    Lot Size
    740,520 SF

    HighLights

    • 17‑acre commercial land parcel in Winterville, NC, ideal for development.
    • Located within 20 minutes of ECU Health Medical Campus and East Carolina University.
    • High‑visibility corner lot at a signaled intersection on Fire Tower Road.
    • Proximity to major retailers including Walmart, Food Lion, Harris Teeter, Lidl, Sam's Club, and Lowe's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Winterville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.3706231
    Latitude
    35.5564833

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    FAQs

    What type of property is this?
    Land - Prime 17-acre commercial lot, fully serviced.
    Where is this land located?
    The property is located at 800 Fire Tower Rd Winterville, NC.
    What is the asking price?
    The asking price for this property is $10,200,000.
    What are key features of this property?
    This property features: 17-acre commercial land parcel in Winterville, NC, ideal for development.; Located within 20 minutes of ECU Health Medical Campus and East Carolina University.; High-visibility corner lot at a signaled intersection on Fire Tower Road.
    (252) 355-7006
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    800 Fire Tower 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
    800 Fire Tower Rd Winterville, NC 28590
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