Gtwy Dr Greenville, NC 27834
- Retail properties
- 1.13 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Gtwy Dr
- Lot size
- 1.13 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Pitt
- State
- North Carolina
- Longitude
- -77.4319
- Latitude
- 35.6069