0 Gtwy Dr, Greenville, NC 27834
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.
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
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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.