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0 Allen Road 90 Acres of Residential Land Offered at $7,650,000 in Greenville, NC 27834

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INVESTMENT HIGHLIGHTS

  • Convenient location minutes away from the hospital and university
  • Easy access to water and sewer infrastructure
  • Ideal for a large neighborhood or apartment complex
  • Allen Rd to be widened to 4 lanes in 2026

EXECUTIVE SUMMARY

Unlock the potential of 90 acres of prime land strategically located within Greenville’s city limits. This expansive parcel offers an exceptional opportunity for developers seeking to capitalize on the area’s strong growth trajectory and proximity to major institutions. Positioned just minutes from the hospital and East Carolina University, the site is ideal for creating a vibrant multifamily community or a large-scale residential neighborhood.

PROPERTY FACTS

Price $7,650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 90.00 AC
Zoning R6 - Residential

1 LOT AVAILABLE

Lot

Price $7,650,000
Price Per AC $85,000.00
Lot Size 90.00 AC

Convenient location minutes away from the hospital and university Zoned for multifamily development Ideal for a large neighborhood or apartment complex Easy access to water and sewer infrastructure Allen Rd to be widened to 4 lanes in 2026

DESCRIPTION

The property benefits from existing water and sewer infrastructure, streamlining development timelines and reducing upfront costs. With Allen Road scheduled for expansion to a four-lane thoroughfare in 2026, future residents will enjoy enhanced connectivity and improved traffic flow. Greenville’s dynamic economy, anchored by healthcare and education, ensures sustained demand for quality housing, making this site a compelling investment for forward-thinking developers.

  • Listing ID: 38510261

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 0 Allen Road, Greenville, NC 27834

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