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    2458 Allen Rd Greenville, NC 27834

    Sponsored
    For Sale
    $700,000

    1.01 Acres, $700,000, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.01-acre commercial land parcel presents a unique development opportunity in Greenville, North Carolina. Located at 2458 Allen Rd, Pitt County, zip code 27834 (35.5778951, -77.4338876), this property boasts a prime location surrounded by major traffic drivers and situated near a significant intersection. The site is ideally positioned amongst established national retailers, making it an attractive location for a variety of commercial ventures. A key advantage is the notable lack of quick-service restaurants within a two-mile radius, indicating a potential unmet demand in the area. The strong demographics of Greenville, consistently ranked highly across multiple categories, further enhance the investment potential. This large, development-ready parcel offers significant upside for investors seeking a high-traffic location with strong growth prospects. The asking price for this exceptional opportunity is $700,000. This property is zoned for commercial use. Serious inquiries only.

    Property Features for 2458 Allen Rd

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • Large development‑ready land parcel.
    • High traffic counts from major roadways.
    • Excellent retail location near national brands.
    • Prime corner location at a major intersection.
    • Underserved QSR market within a two‑mile radius.
    • Strong population demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4338876
    Latitude
    35.5778951

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    FAQs

    What type of property is this?
    Land - 1.01 Acres, $700,000, High Traffic Area
    Where is this land located?
    The property is located at 2458 Allen Rd Greenville, NC.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Large development-ready land parcel.; High traffic counts from major roadways.; Excellent retail location near national brands.
    Request Owner's contact information
    2458 Allen Rd 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
    2458 Allen Rd Greenville, NC 27834
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