Property profile

700 Patton Cir Winterville, NC 28590

OFF-MARKET
Commercial real estate
Property ID
US53-1717456
0.97 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.96-acre commercial land parcel presents a remarkable investment opportunity in Winterville, NC. Located at 700 Patton Circle, this property boasts a highly desirable Commercial Heavy (CH) zoning designation, opening doors to a wide array of commercial uses. The land is generally level and features existing cross access and utility easements, simplifying development. Priced at $179,900, or $4.30 per square foot, this represents exceptional value for its location and potential. The site enjoys excellent visibility and convenient access from Memorial Drive/NC Hwy 11 and Reedy Branch Road, ensuring high traffic exposure. Its strategic position adjacent to established businesses like Taco Bell and a Comfort Inn further enhances its appeal. This property is situated within the Greenville Planning Jurisdiction, offering the benefits of a thriving regional economy. The level topography and existing infrastructure make this a ready-to-develop site, perfect for a retail user or other commercial ventures. The APN is 49166. Don't miss this chance to acquire a prime commercial lot in a rapidly growing area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.97 ac (42,253 SF)
Zoning code CH
APN 49166
UPID US53-1717456

Cap rate & NOI

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

Location

700 Patton Cir Winterville, NC 28590-9372
Winterville metro Census 607 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2024
Last sale
$167,000
3 recorded transactions
2024
$167,000
2013
$64,000
2008
$150,000

Zoning & alternative use

CH · Winterville, NC

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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