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1615 Brimley Dr
Greenville, NC 27834
Land For Sale · 1.76 AC

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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.

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hold For Development
  • Hold For Investment
Total Lot Size 1.76 AC
Zoning CH - Commercial

1 LOT AVAILABLE

Lot

Price $2,111,363 CAD
Price Per AC $1,199,637.81 CAD
Lot Size 1.76 AC
  • Listing ID: 23961229

  • Date on Market: 2021-08-23

  • Last Updated:

  • Address: 1615 Brimley Dr, Greenville, NC 27834

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