1.92 Acres for Sale

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1.92 Acres for Sale

Greenville, NC 27858
Asking Price
$699K
Asset Type
Land
Class
Class B

What's Special

This 1.92-acre parcel is situated in Greenville, North Carolina, within a developing commercial corridor characterized by a mix of retail centers and professional offices. The property offers proximity to major regional healthcare facilities and established residential neighborhoods. It is positioned near significant transportation arteries, including Highway 264 and Stantonsburg Road, providing efficient access to the greater Pitt County area and logistical connections to the surrounding coastal plain region. Public utilities are accessible near the site perimeter. The site is suited for commercial development, including professional office buildings, medical clinics, or retail storefronts. Its size and rectangular configuration support various site plans, such as multi-tenant centers or standalone facilities requiring dedicated parking and transit access. Prospective users typically include regional medical providers, service-oriented businesses, or local developers seeking to capitalize on Greenville’s expanding workforce and healthcare sector. The zoning allows for a range of business applications consistent with urban growth patterns.

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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