Property profile

642 Arlington Blvd Greenville, NC 27858

OFF-MARKET
Retail properties & Spaces
2,500 SF Built 1985
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Property summary

AI-generated overview

This exceptional 2,500 square foot retail space, located in the desirable Arlington Village area of Greenville, is available for lease starting January 1st, 2025. Situated in Pitt County and easily accessible via Red Banks Rd, this single-tenant property boasts a versatile layout ideal for a variety of retail or restaurant uses. Built in 1985, the space is zoned CG - General Commercial, offering flexibility for many business types. The current configuration includes a spacious retail/sales area, perfectly suited for customer interaction and product display. A significant feature is the substantial prep area, equipped with two three-compartment sinks, making it particularly well-suited for food service businesses or those requiring ample workspace. In addition to the prep area, the property includes a large office providing a dedicated space for administrative tasks and a generous amount of storage, ensuring efficient operations. The current tenant is still operating, providing a seamless transition for the incoming lessee. This property presents a unique opportunity to establish a thriving business in a high-traffic location within a well-established commercial area. Interested parties are encouraged to inquire for further details.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 2,500 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist

Location

642 Arlington Blvd Greenville, NC 27858
Greenville 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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