Bells Fork Development

Vacant Land for Sale
Catylist Listing ID: 28257275
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 2.55 - 21.55 Acres
Sale Price: $300,000 - 500,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 12/14/2019

Overview / Comments

The Bells Fork Development consist of over 22 acres located near the intersection of E Fire Tower Road and Charles Blvd (800'+ of road frontage on Charles Blvd). Nearby tenants include Harris Teeter, Dollar General, Lidl, Sheetz, Food Lion, McDonalds, Zaxby's, and many more. Property is zoned General Commercial and is cleared and level. Storm water retention would be required for development.

The property has over 800 feet of road frontage on Hwy 43/Charles Blvd in two plots; one is 19 acres and the other is 2.45 acres. Both parcels are on the corner of Signature Drive which allows over 1,000 feet of road frontage on that road. The seller will sell off the 2.45 acres parcel separately and will consider selling off out parcels to face Hwy 43. The property is on the East Carolina University bus route and is experiencing heavy growth in both commercial and residential within close proximity.

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Pitt County
Tax ID/APN: 19617
Zoning: CG (GENERAL COMMERCIAL)
Market Type: Medium
Property Located Between: E Fire Tower and Signature Drive
Road Type: Paved, 2-Track
Property Visibility: Excellent
Legal Description: 19617
Largest Nearby Street: Charles Blvd
Traffic/Vehicle Count: 20,000
Airports: PGV
Area Description: Property is located in the Bells Fork area of Greenville off of NC Hwy 43/Charles Blvd. Heavy development in the area over the past few years has put this property in a prime location for development. New student housing backs up to the property as well as other townehome and patio home communities.
Lot Frontage: 800
Lot Depth: 930
Zoning Description: The purpose of the CG district is to accommodate a variety of commercial and service activities on an individual lot by lot basis and in a planned center setting.
Part of Planned Development?: Yes
Development Name: Bells Fork
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, 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: 8,392 54,466 109,507
Median Age: 33.87 32.01 31.47
Households: 4,381 22,750 45,020
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.