Property profile

2400 Allen Rd Greenville, NC 27834

FOR SALE
Warehouses
Property ID
US53-1507223
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Property summary

AI-generated overview

This exceptional 1.25 million dollar investment opportunity presents a sizable parcel of industrial land ideally situated at 2400 Allen Road in Greenville, North Carolina. The property boasts approximately 450 feet of valuable road frontage along Allen Road, providing excellent visibility and accessibility. Currently zoned RA 20, this versatile land offers significant potential for various commercial and industrial developments. The expansive acreage presents a blank canvas for ambitious projects, allowing for customized designs and efficient space utilization. Given its strategic location in Greenville, NC, this property benefits from proximity to major transportation arteries, a skilled workforce, and a thriving local economy. The absence of existing structures allows for complete design freedom, minimizing demolition costs and streamlining the development process. This is a rare chance to acquire a substantial piece of land in a desirable location, perfect for those seeking a high-return investment with considerable development potential. The property is located in Pitt County, North Carolina, with a zip code of 27834. The coordinates are 35.5778258 latitude and -77.4331588 longitude. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
UPID US53-1507223

Cap rate & NOI

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

Location

2400 Allen Rd Greenville, NC 27834
Greenville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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