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    Gtwy Dr Greenville, NC 27834

    Sponsored
    For Sale
    $423,750

    1.13-acre commercial land, prime Greenville location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.13-acre commercial lot (Lot 6) in Greenville, North Carolina's Gateway West Commercial Development presents a unique investment opportunity. Priced at $423,750 ($275,000/acre), this CG (General Commercial) zoned property boasts a strategic location off Highway 264 (future I-587), serving as the main entrance to Greenville from western cities like Raleigh, Durham, Greensboro, Winston-Salem, and Charlotte. The site benefits from its proximity to the thriving medical district, anchored by Vidant Medical Center, a Tier 1 trauma hospital employing over 6,000 people. This high-traffic area already includes established businesses such as a Walmart Neighborhood Market, Speedway (a top-performing location nationally), and Dollar General, ensuring strong visibility and potential for high returns. The property features on-site stormwater management and utilities, simplifying development. This is one of the last remaining GC-zoned retail pads in the medical district, making it an exceptional opportunity for investors seeking a high-growth area with established infrastructure and strong tenant demand. Its adjacency to high-performing retail and a dense multifamily residential population further enhances its appeal.

    Property Features for 0 Gtwy Dr

    General Information

    Property type
    Individual retail properties
    Lot Size
    49,223 SF

    HighLights

    • Last available retail pad in a medical district with GC zoning.
    • High‑traffic location adjacent to a top‑performing Speedway gas station.
    • On‑site stormwater management and utilities.
    • Excellent access via I‑587 and Hwy 11 Bypass.
    • Neighboring high‑performing Walmart Neighborhood Market and Dollar General.
    • Surrounded by dense multifamily residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4319186
    Latitude
    35.6069193

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    FAQs

    What type of property is this?
    Individual retail property - 1.13-acre commercial land, prime Greenville location.
    Where is this individual retail property located?
    The property is located at Gtwy Dr Greenville, NC.
    What is the asking price?
    The asking price for this property is $423,750.
    What are key features of this property?
    This property features: Last available retail pad in a medical district with GC zoning.; High-traffic location adjacent to a top-performing Speedway gas station.; On-site stormwater management and utilities.
    (252) 355-7006
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    Gtwy Dr 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
    Gtwy Dr Greenville, NC 27834
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