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Property profile & analytics
OFF-MARKET Estimated value $2,715,000
Garden apartment buildings

985 Verdant Dr Greenville, NC 27858-3266

33,282 SF 1.26 ac lot Built 1997
Entity Owned Free & Clear
Property ID
US53-1499927
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 33,282 SF
Lot 1.26 ac (54,886 SF)
Zoning code OR
APN 25031
UPID US53-1499927
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
  • Ashton Place Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.19M
Comparable Approach Comparable
$2.65M
Blend (final) Blend
$2.72M
Owner & transaction history
ROYAL HEIGHTS HOUSING INC
ROYAL HEIGHTS HOUSING INC
Zoning & alternative use
OR · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(a) Within any CDF (Commercial Downtown Fringe) and/or OR (Office- Residential) Zoning Districts, all existing adjacent land uses with a LUC# 1 283 and/or LUC#2 shall be construed as LUC# 3 for purposes of determining proposed land use bufferyard requirements. (b) Sites existing at the time of the adoption of the ordinance shall not be subject to additional…

Zone name Office Residential
General category COMMERCIAL
Zone area 2,067.96 ac
Source Final UDO for public
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