Property profile

1001 Memorial Dr Greenville, NC 27834

OFF-MARKET
Drive through restaurants
Property ID
US53-2101233
2,618 SF 0.86 ac lot Built 1981
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1001 S. Memorial Drive in Greenville, North Carolina, presents a unique opportunity for business owners. The 2,618 square foot building sits on a highly visible lot at a fully signalized intersection, benefiting from a daily traffic count of 19,000 vehicles. Its strategic location offers close proximity to ECU Health Medical Center and several major fast-food restaurants, ensuring high visibility and convenient access for customers. The property includes 37 parking spaces and a valuable drive-thru feature, enhancing its appeal to a wide range of potential tenants. The property's zoning allows for diverse uses, including but not limited to governmental municipal buildings, liquor stores, and agricultural activities. Across from Guy Smith Stadium, this location offers significant potential for businesses seeking high traffic exposure in a thriving area. The entire building is currently vacant, providing a blank canvas for a new business venture. The property's Assessed Parcel Number (APN) is 21935. This is a single-tenant property, ideal for a business seeking a prominent and well-positioned location in Greenville, NC. Don't miss this chance to secure a prime commercial space in a high-traffic area with significant growth potential.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,618 SF
Lot 0.86 ac (37,462 SF)
Zoning code CH
APN 21935
UPID US53-2101233

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Memorial Dr Greenville, NC 27834-3719
Greenville metro Census 701 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2026
$925,000

Zoning & alternative use

CH · Greenville, NC
Zoning description

zoning district other than CH (Heavy Commercial), IU (Unoffensive Industry) and I (Industry) Zoning Districts, the City may require removal or relocation of the sign in accordance with this Section and applicable state l…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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