410 3Rd St Greenville, NC 27834
- Land
- 3.30 lot acres
Current Use by Public Records
- Land
Property Details for 410 3Rd St
- Lot size
- 3.30 lot acres
- Property type
- Land
Description
This exceptional 3.3-acre parcel at 410 W Third Street in Greenville, North Carolina (zip code 27834), presents a unique investment opportunity. Currently zoned CD - Downtown Commercial, this land allows for unlimited density and zero setbacks from the road, maximizing development potential. Located in Pitt County, the property enjoys a highly desirable location near the vibrant East Carolina University campus, home to approximately 28,500 students, and the ECU Health Medical Center, employing 6,800 individuals. This proximity ensures a robust and growing population base. The asking price is $1,750,000, translating to $530,303 per acre. Given the current market rate apartment vacancy rate in Greenville of approximately 3%, and the significant demand for housing in the Northwest area of the city, this site offers exceptional potential for high-density residential development. The property's strategic location near downtown Greenville further enhances its appeal and investment value. This is the last available land in the downtown Greenville area, making it a truly rare and compelling opportunity for developers seeking a prime location with significant upside.
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
- -77.3767
- Latitude
- 35.6142
