Industrial Properties in Greenville, North Carolina, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. As the health, entertainment, and educational hub of North Carolina's Tidewater and Coastal Plain regions, Greenville has experienced significant growth, particularly during the 20th and early 21st centuries. Industrial Properties in Greenville represent a diverse range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. These properties are attractive to investors due to their potential for long-term appreciation and rental income. Greenville's strategic location, with access to major transportation routes, including US 13, US 258, US 264, and the Pitt-Greenville Airport, makes it an ideal location for industrial businesses. Additionally, the city's strong educational institutions, including East Carolina University, and its growing healthcare sector, led by ECU Health Medical Center, provide a skilled workforce and a strong economic foundation. With a population of approximately 90,000, Greenville offers a diverse range of amenities, including the Tar River for outdoor activities, a growing arts scene, and a variety of cultural attractions.
Greenville's Industrial Properties are part of a larger commercial real estate market that includes 3 available listings. In addition to Industrial Properties, investors can also consider Warehouses, with their flexible spaces and potential for customization; Land, offering a blank canvas for development; Apartment Buildings, providing a steady stream of rental income; and Commercial Real Estate, including office spaces and retail properties. Each of these property types offers unique benefits and opportunities, and Greenville's growing economy and strategic location make it an attractive location for investment. With an average price per square foot of $139 USD and an average size of 4,641 square feet, Industrial Properties in Greenville offer a compelling investment opportunity. The largest property available is 11,464 square feet, providing ample space for industrial businesses. With an average cap rate of , Industrial Properties in Greenville are a solid choice for investors looking for a strong return on investment.
What is the average price per square foot for industrial properties in Greenville?
The average price per square foot for industrial properties in Greenville is $139 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Greenville, NC, as they directly impact the ease of doing business, accessibility, and overall desirability of a property.
- Proximity to major transportation facilities, such as the Pitt-Greenville Airport, G.K. Butterfield Transportation Center, and major highways like US 13, US 258, and NC 11, can increase industrial property values due to the convenience and efficiency they offer.
- Properties located near the Greenville Industrial Park, East Carolina University, and ECU Health Medical Center may also command higher values due to their proximity to key economic drivers and a skilled workforce.
- Furthermore, access to the Tar River and the greenway system can provide additional value to industrial properties, particularly those that rely on water transportation or require outdoor recreational spaces for employees.
