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    00 Allen Rd Greenville, NC 27834

    Sponsored
    For Sale
    Contact for pricing

    8.5 Acres, High Visibility, Owner Will Subdivide

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 8.5-acre commercial land parcel in Greenville, NC, presents a remarkable investment opportunity. Situated on Allen Road, near its intersection with Stantonsburg Road, this high-traffic, high-visibility location offers unparalleled exposure. The property is zoned MCH & MCG, allowing for a variety of commercial uses. The seller will subdivide the land to accommodate various development plans. Adding to its appeal, a Royal Farms gas station and convenience store is planned for construction on a corner parcel, further enhancing the site's desirability and foot traffic. Its strategic location provides convenient access to major thoroughfares, including US Hwy 264 and the New NC Hwy 11 Bypass Interchange. The property's proximity to ECU Health, other significant medical facilities, medical offices, and major retailers creates a strong foundation for commercial success. The APN numbers are 90145 & 90146. This is a 100% ownership opportunity, offered for sale by owner. Lease options are not available. This prime location offers significant potential for immediate development and long-term growth in a thriving commercial area. The property is comprised of approximately 8.5 acres, and the seller is willing to subdivide the land to meet specific development needs. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand area of Greenville, North Carolina.

    Property Features for 00 Allen Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 8.5‑acre commercial land parcel on Allen Road, Greenville, NC, near Stantonsburg Road intersection.
    • High‑traffic, high‑visibility location.
    • Owner will subdivide the property.
    • New Royal Farms gas station/convenience store planned for a corner lot.
    • Near ECU Health, other medical facilities, and major retailers.
    • Convenient access to US Hwy 264 and the new NC Hwy 11 Bypass.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Dental Office Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.421160457557
    Latitude
    35.605583093735

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    FAQs

    What type of property is this?
    Land - 8.5 Acres, High Visibility, Owner Will Subdivide
    Where is this land located?
    The property is located at 00 Allen Rd Greenville, NC.
    What are key features of this property?
    This property features: 8.5-acre commercial land parcel on Allen Road, Greenville, NC, near Stantonsburg Road intersection.; High-traffic, high-visibility location.; Owner will subdivide the property.
    (817) 559-3196
    Request Owner's contact information
    00 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
    00 Allen Rd Greenville, NC 27834
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