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    1001 Memorial Dr Greenville, NC 27834

    Sponsored
    For Lease
    $28 SF/Yr ($6,108 /Mo)

    Prime Greenville location, high traffic, drive-thru.

    Lot size:
    2,618 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 1001 S. Memorial Drive in Greenville, North Carolina, presents a unique opportunity for business owners. The 2,618 square foot building sits on a highly visible lot at a fully signalized intersection, benefiting from a daily traffic count of 19,000 vehicles. Its strategic location offers close proximity to ECU Health Medical Center and several major fast-food restaurants, ensuring high visibility and convenient access for customers. The property includes 37 parking spaces and a valuable drive-thru feature, enhancing its appeal to a wide range of potential tenants. The property's zoning allows for diverse uses, including but not limited to governmental municipal buildings, liquor stores, and agricultural activities. Across from Guy Smith Stadium, this location offers significant potential for businesses seeking high traffic exposure in a thriving area. The entire building is currently vacant, providing a blank canvas for a new business venture. The property's Assessed Parcel Number (APN) is 21935. This is a single-tenant property, ideal for a business seeking a prominent and well-positioned location in Greenville, NC. Don't miss this chance to secure a prime commercial space in a high-traffic area with significant growth potential.

    Property Features for 1001 Memorial Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,618 SF
    Total Rate
    6108.67

    Unit(s) available at that property

    Space
    Size
    2,618 SF
    Rate per SF
    $28

    HighLights

    • 2,618 +/- SF building
    • 37 parking spaces
    • Drive‑thru available
    • Across from Guy Smith Stadium
    • 19,000 vehicles per day traffic count
    • Heavy Commercial (CH) zoning
    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
    -77.3958235
    Latitude
    35.6018946

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    FAQs

    What type of property is this?
    Restaurant - Prime Greenville location, high traffic, drive-thru.
    Where is this restaurant located?
    The property is located at 1001 Memorial Dr Greenville, NC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 2,618 +/- SF building; 37 parking spaces; Drive-thru available
    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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