Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CH · Winterville, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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