Property profile

240 Greenville Blvd Greenville, NC 27834

OFF-MARKET
Strip malls
Property ID
US53-1971324
16,940 SF 0.88 ac lot Built 2001
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 240 Greenville Blvd SW, Greenville, NC 27834. The property, known as Greenville Plaza, is a 15,400 square foot multi-tenant strip center ideally situated in a high-traffic area benefiting from its proximity to a Walmart Supercenter. Currently, 2,589 square feet of retail space is available for lease. The center enjoys excellent visibility and accessibility, making it an attractive location for a variety of businesses. The strong tenant mix includes national brands such as Target, Starbucks, Ross Dress for Less, Ulta Beauty, PetSmart, Staples, and Panera Bread, creating a vibrant and successful retail environment. The area boasts a significant population density further enhanced by the presence of multiple colleges and universities, resulting in consistently high foot traffic and consumer spending. This prime location offers a unique chance to establish or expand a retail presence in a thriving commercial hub. The available space presents a versatile opportunity for businesses seeking exposure in a well-established and high-demand retail center. The property's strategic location and strong tenant lineup make it an ideal investment for discerning businesses seeking a profitable and high-visibility location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 16,940 SF
Lot 0.88 ac (38,333 SF)
Zoning code CG
APN 50262
UPID US53-1971324

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Tattoo & Piercing Shop
  • Hair Salon Nail Salon

Location

240 Greenville Blvd Greenville, NC 27834-4656
Greenville metro Census 501 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

CG · Greenville, NC
Zoning description

CG (General Commercial) To accommodate a variety of commercial and service activities on an individual lot-by-lot basis and in a planned center setting. PI (Planned Industry) To provide an alternative to traditional indu…

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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