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1615 Brimley Dr 1.76 Acres of Commercial Land Offered at $1,525,000 in Greenville, NC 27834
INVESTMENT HIGHLIGHTS
- Traffic Count: Approximately 32,000 Vehicles Per Day
EXECUTIVE SUMMARY
Approximately 1.76 acres (two parcels) with frontage along SW Greenville Blvd. located directly across Greenville Blvd. from the Greenville-Pitt County Convention Center. This Property also has access to a fully signalized intersection at the intersection of Greenville Blvd. and Hooker Road. The offering is comprised of two parcels and must be sold together. The zoning is CH (Heavy Commercial).
We believe this is a great site for redevelopment given the location and the visibility along Greenville Blvd. SW. The traffic count is approximately 32,000 vehicles per day.
There are currently two tenants in place. However, neither tenant has a renewal option. Mr. Tire’s lease expires on December 31,2024 and A&T Auto’s Lease is month to month. The two tenants generate approximately $94,590 in estimated NOI. As such, there is some good cash flow in place to carry the Property until re-development were to occur.
We believe this is a great site for redevelopment given the location and the visibility along Greenville Blvd. SW. The traffic count is approximately 32,000 vehicles per day.
There are currently two tenants in place. However, neither tenant has a renewal option. Mr. Tire’s lease expires on December 31,2024 and A&T Auto’s Lease is month to month. The two tenants generate approximately $94,590 in estimated NOI. As such, there is some good cash flow in place to carry the Property until re-development were to occur.
PROPERTY FACTS
| Price | $1,525,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.76 AC |
| Price | $1,525,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.76 AC |
1 LOT AVAILABLE
Lot
| Price | $1,525,000 | Lot Size | 1.76 AC |
| Price Per AC | $866,477.27 |
| Price | $1,525,000 |
| Price Per AC | $866,477.27 |
| Lot Size | 1.76 AC |
ZONING
| Zoning Code | CH |
| CH |
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1615 Brimley Dr
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