226 Davenport Farm Rd, Winterville, NC 28590
Exceptional 27.05-acre development opportunity in Winterville, NC, zoned AR (Agricultural Residential) with future commercial development potential as per the Winterville Future Land Use plan. This property boasts convenient access to major roadways and is situated within 10 minutes of East Carolina University and ECU Health, placing it near a high concentration of destination retailers. City water is available on-site, and sewer service will be provided by the Town of Winterville (currently nearby, with a cost analysis underway for full site service). A preliminary wetland report has identified one small area as potentially jurisdictional, but this may be omitted under updated regulations (a wetland map is available). The property's location and zoning offer significant flexibility for a developer seeking to create a project that harmonizes with existing residential development, while capitalizing on its prime location and proximity to key amenities. The asking price is $1,620,000. This presents a unique chance to acquire a substantial parcel of land with considerable upside potential for mixed-use development.
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
Similar Nearby for Sale
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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.