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    OFF-MARKET
    Retail properties & Spaces

    4140 Bayswater Rd, Winterville, NC 28590

    1.79 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.79-acre commercial land parcel presents a unique investment opportunity in Winterville, NC. Located at 4140 Bayswater Rd, this property is part of the burgeoning Fire Tower Junction development, a planned 110+ acre mixed-use project situated strategically between Greenville's Bell Fork and Hwy 11 districts. The site boasts excellent visibility from both Bayswater Road and Fire Tower Road, and is zoned CG, allowing for a variety of commercial uses. Included is an existing stormwater retention system. The property's prime location offers easy access to major roadways and a thriving residential community, with nearby single-family homes and townhouses. Furthermore, its proximity to established retailers such as Walmart Neighborhood Market, Food Lion, Harris Teeter, and Lidl, along with the anticipated arrival of national retailers like Sam's Club and Lowe's, ensures high traffic and strong potential for growth. The property is also conveniently located within a 20-minute drive of East Carolina University and ECU Health Medical Center, providing access to a large and diverse population base. This outparcel offers an unparalleled opportunity to capitalize on the significant growth and development occurring in this rapidly expanding area. The asking price is $560,000, translating to $312,849 per acre. This represents a compelling value proposition for investors seeking a strategic foothold in a high-growth market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.79 ac (77,972 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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