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Investment Highlights

  • Located minutes from ECU Medical Center & East Carolina University.
  • Ideal for single-family, townhomes, patio homes, and multifamily.
  • Over 4,000 feet of frontage on MacGregor Downs Rd.
  • Strong access to NC-43, US-264, and Greenville’s retail core.

Executive Summary

Ideal for single family, multifamily, townhomes, patio homes, assisted living, and retirement community.

Property Facts

Price $4,375,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Master Planned Community
  • Single Family Development
Total Lot Size 125.00 AC
Zoning RA20 - Residential

1 Lot Available

Lot 2

Price $4,375,000
Price Per AC $35,000.00
Lot Size 125.00 AC

Excellent Residential Mixed Use Development tract located minutes from ECU Medical Center & East Carolina University.

Description

Positioned along over 4,000 feet of prominent road frontage on MacGregor Downs Road, this expansive 136-acre tract in Greenville, North Carolina presents a rare opportunity for residential development in one of Pitt County’s most active growth corridors. The site’s level topography and raw land condition offer a versatile canvas for a range of housing types, including single-family homes, townhomes, patio homes, multifamily or retirement or assisted living communities. Located just minutes from East Carolina University, Vidant Medical Center, and Greenville’s thriving retail and employment hubs, the property benefits from strong regional connectivity and access to a growing population base. MacGregor Downs Road serves as a key arterial route, linking the site to major thoroughfares such as NC-43 and US-264, while nearby amenities and schools enhance its appeal for future residents. With utilities accessible nearby and favorable zoning potential, this site is ideally suited for developers seeking scale, visibility, and flexibility in a market with increasing demand for quality housing. Whether envisioned as a master-planned community or a phased residential project, the land’s size and location support a wide range of development strategies.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
036900
Land Assessment
$407,170
Improvements Assessment
$0
Total Assessment
$407,170
  • Listing ID: 28488082

  • Date on Market: 5/15/2023

  • Last Updated:

  • Address: 3778 MacGregor Downs rd, Greenville, NC 27834

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