Charles Blvd

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Charles Blvd

Greenville, NC 27858
Asking Price
$1.00M
Asset Type
Land
Class
Class B

What's Special

Located on Charles Boulevard in Greenville, North Carolina, this land parcel is situated within a high-traffic corridor characterized by a mix of established residential neighborhoods and commercial developments. The site offers proximity to East Carolina University and the area’s primary medical district, providing access to a large daytime population. The property is supported by local transit routes and maintains direct connectivity to major thoroughfares, including Greenville Boulevard and the Highway 264 bypass, facilitating efficient logistics and commuter access across the region. The site is suited for diverse commercial applications, ranging from professional office complexes to retail centers or multi-family residential projects, subject to local zoning compliance. The location is an ideal fit for developers seeking to capitalize on Greenville’s educational and healthcare sectors. Potential occupants include regional medical providers, service-oriented retailers, or hospitality groups requiring high visibility and consistent traffic counts. The level topography and surrounding utility infrastructure support a variety of site configurations and build-to-suit opportunities.

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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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