Technical
Financial
Distress signals
Property profile

2611 E 10Th St Greenville, NC 27858

FOR SALE
Retail properties & Spaces
Property ID
US53-1899917
3,831 SF 0.61 ac lot Built 1965
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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 properties & Spaces
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

Current use

Occupant on record · Public records
  • University

Location

2611 E 10Th St Greenville, NC 27858
Greenville metro
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Value estimations

Realmo proprietary · 4 methods
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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?”
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