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    OFF-MARKET
    Retail space

    2611 10Th St, Greenville, NC 27858

    3,831 SF 0.61 ac lot Built 1965
    Property ID
    US53-1899917
    Property summary
    AI-generated overview

    This exceptional 3,831-square-foot commercial property at 2611 E 10th St, Greenville, NC, presents a unique investment opportunity. The single-story building, constructed in 1965, sits on a 0.61-acre lot and boasts ample parking with 45 spaces, providing a generous 7.5 spaces per 1,000 square feet. Its versatile zoning, encompassing General Commercial (CG) and Office-Residential (OR), allows for a wide range of uses. Previously utilized as both a university education facility and a church, the building offers adaptable open spaces ideal for various businesses. Strategically located along Greenville's busy Tenth Street, this property enjoys high visibility with an average annual daily traffic (AADT) of 20,000 vehicles. Its proximity to US-264 (0.5 miles west) and East Carolina University (0.75 miles east) ensures excellent accessibility and exposure. The property benefits from public water and sewer services, and there are no known environmental or structural concerns. This is an outstanding opportunity to acquire a well-situated commercial property in a thriving Greenville neighborhood, surrounded by a diverse mix of businesses. The asking price is $475,000.

    Property profile
    Verified
    Property type Retail space
    Year built 1965
    Total area 3,831 SF
    Lot 0.61 ac (26,572 SF)
    UPID US53-1899917
    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
    Current use
    Occupant on record · Public records
    • Shaw University - Greenville University
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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