East Arlington Boulevard

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East Arlington Boulevard

Greenville, NC 27858
Asking Price
$300K
Asset Type
Land
Class
Class B

What's Special

Situated along East Arlington Boulevard in Greenville, North Carolina, this land parcel is positioned within a high-traffic commercial corridor. The surrounding neighborhood is characterized by a mix of established retail centers, medical offices, and residential developments. Notable nearby amenities include various dining options, financial institutions, and the ECU Health Medical District. The property offers direct access to major local thoroughfares, providing efficient connectivity to Highway 11 and US Route 264, facilitating transit across the greater Pitt County area. The site is suited for commercial development, with zoning typically supporting retail outlets, professional office suites, or medical facilities. Ideal use cases include multi-tenant shopping strips or standalone corporate headquarters. Prospective occupants likely include national retail brands, healthcare providers seeking proximity to the regional hospital, or service-oriented businesses requiring high visibility and ease of access for a local customer base.

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NOI
$80,000
Cap Rate
26.67%
DSCR
4.49
Strong
Cash-on-Cash
69.10%
Monthly Payment
$1,484.236
Annual Cash Flow
$62,189.164

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