238 Forlines Rd, Winterville, NC 28590
This exceptional 1.786-acre industrial lot in Winterville, North Carolina, presents a compelling investment opportunity. Located in Pitt County, at 238 Forlines Rd, zip code 28590, this property boasts a prime location near a high-traffic intersection and minutes from Interstate 587, ensuring easy access for employees and customers. Currently zoned for industrial use, the lot offers a wide range of development possibilities. Its flat topography and existing drainage/retention systems make it shovel-ready, minimizing upfront development costs. After accounting for setbacks, a maximum building footprint of approximately 32,200 square feet (140' x 230') is feasible. The property is part of the Global Trans Park Foreign Trade Zone, providing significant advantages for developers involved in importing goods. Essential utilities are readily available, including municipal water, sewer, city electric, and fiber optic cable. The surrounding area features established businesses, schools, a bypass, and an airport, contributing to a thriving and convenient environment. The asking price is $447,000, representing a land value of $250,000 per acre. This is an ideal opportunity for developers and investors seeking a high-growth area with strong demographic trends. Don't miss this chance to acquire a premium commercial location in a well-developed business area just outside Greenville, NC.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.