Property summary
This exceptional 26.09-acre parcel presents a remarkable opportunity for high-density multifamily development in Greenville, North Carolina. Located at 00 Allen Rd., Pitt County, zip code 27834 (35.589973595717595, -77.4316375609882), this property boasts R6 zoning, permitting the construction of up to 435 market-rate apartments without the need for zoning variances. Its strategic location offers unparalleled convenience, placing future residents within easy reach of Greenville's thriving medical corridor and East Carolina University. Proximity to Highway 587 ensures seamless access to major roadways, connecting residents to Greenville's vibrant city center and the broader Raleigh/Fayetteville metropolitan areas. Greenville's robust economic growth, fueled significantly by the ECU Health Medical District, makes this a particularly attractive investment. The high-density multifamily zoning allows for significant scale and potential return on investment. This land presents a unique opportunity to capitalize on Greenville's burgeoning population and strong rental market demand. The site is ready for immediate development, offering a streamlined path to realizing a substantial multifamily project.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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