Property profile

2109 W Arlington Blvd Greenville, NC 27834

FOR LEASE
Medical Office Space
Property ID
US53-1129565
2.03 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A retail development in Greenville, NC, offers 7,000 square feet of space across two buildings, situated on a 2.37-acre lot (APN 15796). The property, located at 2109 W Arlington Blvd, is zoned MO and boasts four suites, with a minimum divisible space of 1,750 square feet. Built in 2024, this development is ideally positioned near the ECU Health Medical Center, providing high visibility and foot traffic. The location is also a short drive from East Carolina University. This development offers a unique opportunity for businesses seeking a prime location in a thriving area. One available unit is an in-line space, delivered as a cold shell. The property is part of a larger development that includes established tenants such as Chipotle and Tropical Smoothie Cafe, ensuring a strong retail environment. This is an excellent opportunity to establish a presence in a high-demand area of Greenville's Eastern North Carolina submarket within the Greenville MSA. The property's strategic location and modern construction make it an attractive investment for a variety of retail businesses.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 2.03 ac (88,427 SF)
Zoning code MO
APN 15796
UPID US53-1129565

Cap rate & NOI

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

Location

2109 W Arlington Blvd Greenville, NC 27834
Greenville metro Census 604 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2023
Last sale
$547,500
4 recorded transactions
2024
Price N/A
2024
Price N/A
2023
$547,500
2018
Price N/A

Zoning & alternative use

MO · Greenville, NC
Zoning description

residential uses which include the following districts: MI, MO, O, CG, CH, IU, I, PIU, and PI. District; overlay. A geographic zoning district layered on top of another existing zoning district, or districts that impleme…

General category INDUSTRIAL

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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