2760 W 5th St

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2760 W 5th St

Greenville, NC 27834
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

2760 W 5th St is situated in a transitional commercial and industrial corridor within western Greenville, North Carolina. The site offers approximately 450 feet of direct road frontage along a primary westbound artery connecting the city center to the medical district. The neighborhood is characterized by a mix of light industrial facilities, retail centers, and residential developments. It is located approximately two miles from the East Carolina University Health medical campus and three miles from the central business district. Transportation access is facilitated by the property’s proximity to US-264 and NC Highway 11, providing regional connectivity for logistics and commuting. The property is suited for general commercial development or light industrial use. The location’s visibility and accessibility make it a candidate for a neighborhood retail center, specialized medical office, or professional service building. The land is also viable for self-storage facilities or equipment storage, catering to the nearby industrial parks. Typical tenants or owner-occupants would include regional developers seeking to capitalize on Greenville’s growing medical and educational sectors, or service-based businesses requiring a high-traffic location with convenient access to major thoroughfares. The site provides flexibility for users looking for proximity to both the downtown core and the western employment hubs.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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