Property profile

0 Gtwy Dr Greenville, NC 27834

OFF-MARKET
Retail properties & Spaces
1.13 ac lot
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Property summary

AI-generated overview

This exceptional 1.13-acre commercial lot (Lot 6) in Greenville, North Carolina's Gateway West Commercial Development presents a unique investment opportunity. Priced at $423,750 ($275,000/acre), this CG (General Commercial) zoned property boasts a strategic location off Highway 264 (future I-587), serving as the main entrance to Greenville from western cities like Raleigh, Durham, Greensboro, Winston-Salem, and Charlotte. The site benefits from its proximity to the thriving medical district, anchored by Vidant Medical Center, a Tier 1 trauma hospital employing over 6,000 people. This high-traffic area already includes established businesses such as a Walmart Neighborhood Market, Speedway (a top-performing location nationally), and Dollar General, ensuring strong visibility and potential for high returns. The property features on-site stormwater management and utilities, simplifying development. This is one of the last remaining GC-zoned retail pads in the medical district, making it an exceptional opportunity for investors seeking a high-growth area with established infrastructure and strong tenant demand. Its adjacency to high-performing retail and a dense multifamily residential population further enhances its appeal.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.13 ac (49,223 SF)

Cap rate & NOI

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

Location

Gtwy Dr Greenville, NC 27834
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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