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Property profile & analytics
OFF-MARKET Estimated value $2,885,000
Garden apartment buildings

1998 Hyde Dr Greenville, NC 27858-0061

25,758 SF 1.44 ac lot Built 1993
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US53-1376413
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1993
Construction FRAME
Total area 25,758 SF
Lot 1.44 ac (62,726 SF)
Zoning code OR
APN 51888
UPID US53-1376413
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.47M
Comparable Approach Comparable
$3.50M
Blend (final) Blend
$2.89M
Owner & transaction history
Mimg Cxlix Madison Sub LLC · 7 yrs held
Mimg Cxlix Madison Sub LLC
since 2019
5 recorded transactions
2019
$22.0M
2016
Price N/A
2014
$10.0M
2014
Price N/A
2004
Price N/A
Zoning & alternative use
OR · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(a) Within any CDF (Commercial Downtown Fringe) and/or OR (Office- Residential) Zoning Districts, all existing adjacent land uses with a LUC# 1 283 and/or LUC#2 shall be construed as LUC# 3 for purposes of determining proposed land use bufferyard requirements. (b) Sites existing at the time of the adoption of the ordinance shall not be subject to additional…

Zone name Office Residential
General category COMMERCIAL
Zone area 2,067.96 ac
Source Final UDO for public
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