Victory Ln

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Victory Ln

Greenville, NC 28590
Asking Price
$2.00M
Asset Type
Land
Class
Class B

What's Special

Situated along Victory Lane in Greenville, North Carolina, this undeveloped parcel is positioned within a developing commercial corridor. The property offers proximity to the medical district and East Carolina University, providing access to a high density of professional services and retail amenities. The location is served by major regional thoroughfares, including NC Highway 11 and the US-264 bypass, facilitating logistical connectivity to the broader Pitt County area and neighboring coastal plains regions. The land is suited for commercial development, particularly for medical offices, professional suites, or light industrial facilities. Given the regional demand for healthcare-related infrastructure, ideal tenants include specialty clinics, diagnostic centers, or logistics providers seeking proximity to the urban core. The site’s topography and access points support a variety of configurations for owner-occupants or developers targeting service-oriented business clients.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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