OR Development Opportunity | Red Banks Rd

Vacant Land for Sale
Catylist Listing ID: 30520728
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family)
Gross Land Area: 0.50 Acres
Sale Price: $250,000
Unit Price: $500,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Excellent office or residential development opportunity with a half acre pad site located directly off Red Banks Rd, surrounded by upscale offices. This site comes stormwater retention ready and utilities nearby. Great road frontage with Red Banks Rd seeing roughly 16,500 VPD. Located within a 4 minute drive of ECU.

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Pitt County
Tax ID/APN: 35413
Zoning: OR
Property Located Between: Foot & Ankle East & Kindercare
Property Visibility: Excellent
Largest Nearby Street: Red Banks Rd
Feet of Frontage: 110
Traffic/Vehicle Count: 16,500
Highway Access: ALT 264 - .5 miles
Airports: PGV
Site Description: Half acre pad site with stormwater retention pond built in back.
Area Description: Surrounded by office and upscale residential.
Lot Frontage: 110
Lot Depth: 198
Zoning Description: OR - Office/Residential
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,099 75,097 100,852
Median Age: 29.79 30.66 31.46
Households: 5,478 31,902 41,563


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