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    OFF-MARKET
    Land

    238 Forlines Rd, Winterville, NC 28590

    1.79 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.79 ac (77,798 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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