00 Allen Rd Greenville, NC 27834
- Land
Current Use by Public Records
- Land
Property Details for 00 Allen Rd
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Pitt
- State
- North Carolina
- Longitude
- -77.4316
- Latitude
- 35.59
