1910 Old Creek Rd

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1910 Old Creek Rd

Greenville, NC 27834
Asking Price
$1.85M
Asset Type
Land
Class
Class B

What's Special

1910 Old Creek Road is situated in the southeastern region of Greenville, North Carolina, within a mixed-use corridor characterized by residential developments and light industrial activity. The property offers proximity to major transit routes, including Highway 264 and the Stantonsburg Road medical district. Local amenities include various retail centers and service providers along the nearby Evans Street corridor. The location provides accessible logistics for regional distribution, benefiting from its position within the growing Pitt County infrastructure network. As undeveloped land, the site is suitable for light industrial, commercial, or small-scale warehouse development. Ideal use cases include equipment storage, trade workshops, or localized distribution centers. A typical tenant profile would consist of regional logistics firms, construction contractors, or specialty service providers requiring outdoor storage and convenient access to the Greenville metropolitan area. The level topography and proximity to established utility lines support a variety of commercial site plans.

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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487

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