2400 Allen Rd, Greenville, NC 27834
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.