3201 Memorial DrGreenville, NC 27834

Property Details for 3201 Memorial Dr

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.38 AC

Property size (Sq ft)

2,128 SF

Zone code

CH

Property type

Office buildings

APN

2464

APU

2464

Description

This exceptional 3.09-acre commercial land parcel presents a prime investment opportunity in Greenville, North Carolina. Strategically located at the high-visibility corner of Highway 11, Briley Road, and Highway 903, this property boasts General Commercial zoning, offering significant development potential. Its proximity to the Highway 264 Bypass (connecting to I-587) ensures excellent accessibility and high traffic volume. The site is less than a quarter mile from the bypass, providing convenient access to major transportation routes. Furthermore, its location across from Welcome Middle School and near major employers such as Thermo-Fisher Scientific and Dyneema, positions it within a thriving commercial corridor. The property's advantageous location near Greenville's largest manufacturers, including Hyster-Yale Group and Grady White Boats, and its proximity to Pitt-Greenville Airport (PGV), served by American Airlines, further enhances its appeal. The short distance to downtown Greenville adds to its overall desirability. The property's APN is 27195. This is a rare opportunity to acquire a sizable, well-located commercial land parcel in a rapidly growing area. The asking price is $750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $515,814

  6.5%

  $476,136

  7%

  $442,127

• Comparable approach

  Method

  Valuation

  Relative Method

  $563,327

  Geo Method

  $488,461

• Alternative Use

  Use

  Valuation

  Residential

  $590,409

  Hospitality

  $540,812

  Educational

  $449,949

  Medical

  $465,423

  Retail

  $699,920

Location Insight

City

Greenville

County

Pitt

State

North Carolina

Latitude

35.5742

Longitude

-77.3983

CBSA code

24780

CBSA name

GREENVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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