Vacant Multi-family Land - Greenville
Vacant Land
for Sale
| Catylist Listing ID: |
29705589 |
| Property Subtypes: |
Multi-Family, Other
|
| Gross Land Area: |
25 Acres
|
| Sale Price: |
$1,493,000 |
| Unit Price: |
$59,720 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Undisclosed, Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/16/2018 |
Overview / Comments
This property is in a rapidly developing area of Greenville. The total property advertised is approximately 25 acres, of which 21 acres +/- is zoned R6 multi-family ($65,000 per acre) and 4 +/- acres is zoned R6A (duplex @ $32,000 per acre). Underground sewage, curb and gutter, road, and water is in place on the eastern portion of the property (approximately 6.95 acres of R6 land).
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. Vidant Hospital is 2 miles to the north. A new McDonalds restaurant is being 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.
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Additional Details
| Nearest MSA: |
Greenville |
| County: |
Pitt |
| Tax ID/APN: |
73312, 03940, and 67549 |
| Zoning: |
21 AC. +/- R6 AND 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: 4667496855 Deed Bk: 1750 Pg #: 47 |
| Largest Nearby Street: |
Laurel Ridge Drive |
| Feet of Frontage: |
380 |
| Transportation: |
Bus, Highway |
| Highway Access: |
2 miles from Highway 264 and .5 miles from Highway 13 |
| Airports: |
Pitt Greenville Airport - 5 miles |
| Area Description: |
This area is comprised of many residential neighborhoods with commercial sites beginning to grow as well. |
| Lot Frontage: |
657 |
| Lot Depth: |
450 |
| Zoning Description: |
21 ac. +/- R6 Multi-family
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 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
38,857 |
87,386 |
| Median Age: |
31.63 |
31.24 |
| Households: |
16,830 |
35,948 |
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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.
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