3.3 Acres Near ECU in Downtown Greenville, NC

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30186719
Property Subtypes: Multi-Family, Office
Status: Pending/Contingent
Gross Land Area: 3.30 Acres
Sale Price: $1,750,000
Unit Price: $530,303 Per Acre
Sale Terms: Cash to Seller, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

3.3 acres located in Uptown Greenville, NC. Within blocks of East Carolina University and easy drive to Vidant Health and ECU Brody School of Medicine. The
2.02 acres is currently zoned (CD) Downtown Commercial, allowing unlimited density on the site and no set backs from the road. Great site for market rate apartments as the number one growth for market rate apartments is in the North west area of Greenville to be near Vidant Health and the Brody School. Currently for market rate apartments in Greenville, NC the vacancy rate is only 3%.

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Pitt County
Tax ID/APN: 79698, 02047, 86915
Property Located Between: Pitt Street and New Street
Property Visibility: Excellent
Legal Description: Parcel Number79698
Largest Nearby Street: Third Street
Feet of Frontage: 403
Highway Access: Future I-587
Airports: PGV
Site Description: 2 buildable acres with an additional 1.3 acres that could be used for parking
Area Description: Located in downtown area of Greenville, NC. Downtown area has several restaurants and bars for entertainment. Large daytime population with ECU and office space and high population of college students and Greenville residents.
Lot Frontage: 403
Lot Depth: 170
Zoning Description: CD - Downtown Commercial
Development Name: Third Street Development
Topography: Level
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: 11,721 61,204 99,073
Median Age: 26.22 29.54 30.68
Households: 3,188 25,579 40,916
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