Last Parcel of Vacant Multi-family Land - Greenville, NC

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30674651
Property Subtypes: Multi-Family, Other
Status: Pending
Gross Land Area: 12.65 Acres
Sale Price: $50,000 Per Acre
Total Price: $632,500
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2021

Overview / Comments

This property is in a rapidly developing area of Greenville. The total property advertised is approximately 12.655 acres, of which 9.255 acres +/- is zoned R6 multi-family and 3.36 +/- acres is zoned R6A duplex. Underground sewage and water is in place on the property.

This property is located on the western side of Allen Rd. less than half a mile north of the Dickinson Rd. and Allen Rd. intersection. Laurel Ridge and Teakwood subdivisions border the property to the north. Laurel Ridge is expanding to the western property line of this tract and a new townhome community is coming soon to the eastern side of the property. Vidant Hospital is 2 miles to the north. A new McDonalds restaurant is scheduled to be built a quarter of a mile to the south on Allen Rd. This property is approximately 4 miles from Pitt Community College and 5 miles from East Carolina University.

Additional Details

Nearest MSA: Greenville
County: Pitt
Tax ID/APN: 85960
Zoning: 9.255 AC. R6 AND 3.4 AC. R6A
Market Type: Medium
Property Located Between: Dickinson Ave/Allen Rd. intersection and Stantonsburg Rd/Allen Rd. intersection
Side of Street: West
Road Type: Paved, 2-Track
Property Visibility: Excellent
Legal Description: NC PIN: 4666494896 Deed Bk: 1750 Pg #: 47 Map Bk: 84-186
Largest Nearby Street: Laurel Ridge Drive
Transportation: Bus, Highway
Highway Access: 2 miles from Highway 264 and .5 miles from Highway 13
Airports: Pitt Greenville Airport - 5 miles
Site Description: Majority cleared farm land with a small portion being cleared woods land.
Area Description: This area is comprised of many residential neighborhoods with commercial sites beginning to grow as well.
Lot Frontage: 950 ft
Lot Depth: 600 ft
Zoning Description: 9.255 ac. +/- R6 Multi-family 3.4 ac. +/- R6A Duplex
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,776 38,857 88,528
Median Age: 29.74 31.63 31.34
Households: 1,294 16,830 36,384

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