Property profile

238 Forlines Rd Winterville, NC 28590

OFF-MARKET
Land
1.79 ac lot
Saved · see the list in your Dashboard

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

Location

238 Forlines Rd Winterville, NC 28590
Winterville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 238 Forlines Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message