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Property profile & analytics

Gtwy Dr Greenville, NC 27834

  • Retail properties
  • 1.54 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 0 Gtwy Dr

Lot size
1.54 lot acres
Property type
Retail properties
Property subtype
Office Properties & Spaces

Description

This exceptional 1.54-acre commercial lot, situated in Pitt County's desirable Gateway Marketplace, presents a unique investment opportunity. Zoned CG (General Commercial), this property boasts prime visibility and accessibility, located off I-587 and Highway 11 Bypass, offering easy access for customers and employees. The site benefits from existing stormwater and utility infrastructure, significantly reducing development costs. This lot is one of the last remaining GC-zoned retail pads in Greenville's thriving medical district, adjacent to a high-performing Walmart Neighborhood Market and Dollar General, and near a top-performing Speedway. The surrounding area features a high concentration of multifamily residential units, ensuring a robust customer base. Gateway Marketplace is a planned 14+ acre mixed-use development at the last signaled intersection between Greenville and Raleigh, making it a strategic location for businesses seeking high visibility and convenient access to a large population base. Greenville, the 10th largest city in North Carolina, boasts a metropolitan area exceeding 230,000 residents and is home to East Carolina University (ECU), with over 28,500 students and 5,600 employees. The city also houses ECU Health's medical campus, a major employer with over 6,000 employees and the only Tier 1 trauma hospital east of I-95. This property's strategic location, coupled with its readily available infrastructure and proximity to established businesses and a large population, makes it an ideal site for a variety of commercial ventures. The asking price is $577,550, representing a land value of $275,000 per acre.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Greenville
County
Pitt
State
North Carolina
Longitude
-77.4319
Latitude
35.6069
More about this property
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