Property profile

514 Us-264 Farmville, NC 27828

OFF-MARKET
Land
1.6 ac lot
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Property summary

AI-generated overview

This exceptional industrial land parcel, identified by APN 3697680658, presents a compelling investment opportunity in Greene County, North Carolina. Located at 514 US-264 in Farmville (zip code 27828), this property boasts a versatile zoning designation permitting industrial and business development. The lot size ranges from 1.6 to 46.42 acres, offering flexibility for various project scales. Strategically situated between the Raleigh/Cary MSA (1.5 million population) and the Greenville MSA (550,000 population), this location provides access to a significant workforce pool. The property benefits from exceptional highway accessibility, with convenient proximity to I-587, I-95, and I-795. The I-587 on/off ramp is only 1.5 miles away, offering easy access for transportation and logistics. The site features readily available utilities, including electricity, sewer, and water, streamlining the development process. The asking price for this prime industrial land is $464,200. This presents a rare opportunity to acquire a well-located, versatile industrial property with significant growth potential in a thriving region of North Carolina.

Property profile

Verified
Property type Land
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

514 Us-264 Farmville, NC 27828
Farmville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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