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    Mulberry Ln Greenville, NC 27858

    Sponsored
    For Sale
    $895,000

    Exceptional development opportunity near ECU.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2.59-acre parcel, located at 0 E Arlington Blvd in Greenville, NC (APN: 35587,038097), presents a unique investment opportunity. Zoned OR, this property boasts a prime location on East Arlington Boulevard, one of Greenville's main thoroughfares. Its strategic position places it within close proximity to a high concentration of established national retailers, including Target, Harris Teeter, T.J. Maxx, Camping World, PetSmart, and Publix, ensuring high visibility and accessibility. The site is also conveniently located near highly desirable Greenville neighborhoods such as Lyndale, Bedford, Chesapeake, and Westhaven. A significant advantage is its proximity to East Carolina University, just 1.5 miles away, with a student population of 28,500. This presents a compelling opportunity to cater to the university's large student body and surrounding community. The property's size and location within Greenville's Mall District make it ideal for a variety of commercial developments. This is one of the last undeveloped parcels available on East Arlington Blvd, making this a rare and highly sought-after opportunity. Serious inquiries are encouraged.

    Property Features for 0 Mulberry Ln

    General Information

    Property type
    Multifamily properties
    Lot Size
    112,820 SF

    HighLights

    • 1.5 miles from East Carolina University (28,500 students).
    • Excellent retail location surrounded by national and regional retailers.
    • Situated in Greenville's Mall District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.36338429979
    Latitude
    35.57818309567

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    FAQs

    What type of property is this?
    Multifamily property - Exceptional development opportunity near ECU.
    Where is this multifamily property located?
    The property is located at Mulberry Ln Greenville, NC.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 1.5 miles from East Carolina University (28,500 students).; Excellent retail location surrounded by national and regional retailers.; Situated in Greenville's Mall District.
    (252) 355-7006
    Request Owner's contact information
    Mulberry Ln Greenville, NC 27858
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    Greenville, NC 27858
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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
    Mulberry Ln Greenville, NC 27858
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