410 3Rd St, Greenville, NC 27834
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.
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.