Property profile

2401 Memorial Dr Greenville, NC 27834

OFF-MARKET
Drive through restaurants
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Property ID
US53-1920418
3,770 SF 0.9 ac Built 1994
Last sale Sep 2024·$235,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity features a 2,860 square foot Burger King restaurant in Greenville, North Carolina, operating under a long-term net lease with a strong corporate guarantee. Built in 1994 and renovated in 2011, the property sits on a 1.29-acre lot and boasts a 5.50% cap rate with a substantial NOI. The lease, commenced December 22, 2014, has approximately 10.1 years remaining until expiration on December 31, 2034, with annual rent increases of 1%. The asking price is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$837k
Assessed land$235k
Assessed improvement$602k
Effective rate1.17%

Value estimate

· Nov 2026
$1.18M
$1.06M – $1.29M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$175/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$103 – $262
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IU
Commercial), IU (Unoffensive Industry) and I (Industry) Zoning Districts or as provided herein. (B) Any existing off-premises advertising...
General categoryINDUSTRIAL
JurisdictionPITT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.3
Electrical Service9.3
Hair Salon8.9

Location

2401 Memorial Dr Greenville, NC 27834-8141
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4000 Dickinson Ave, Greenville, NC 27834-0800 $2,572,000 Mar 2023 3,600 SF
502 Greenville, Greenville, NC 27834-6822 $2,139,000 Mar 2023 2,580 SF
1501 Dickinson, Greenville, NC 27834-3978 $125,000 Jan 2023 2,352 SF
3109 Memorial, Greenville, NC 27834-6716 $600,000 Dec 2022 5,220 SF
649 Memorial, Greenville, NC 27834-2856 $2,360,000 Jul 2022 2,574 SF
4630 Whichard, Greenville, NC 27834 $185,000 Jul 2022 4,447 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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