Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    212 Campbell Drive King, NC 27021

    View on Map
    For Sale
    $3,568,000

    Industrial - King, NC

    Type:Industrial
    Lot size:
    44.60 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    70
    Last Refresh:
    Apr 7 at 5:06 am

    Property Features for 212 Campbell Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Zoning
    LI
    Vegetation
    Wooded
    Exterior features
    City Lot, Natural Land, Wooded
    Standard status
    Active
    Lot size
    44.60 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kent Hunter
    Kent Hunter

    Listing agent Kent Hunter

    Listing office Kent Hunter Realty LLC 637 S Main St, King, NC

    Listing date Jan 27, 2026

    MLS# 1115052 Listing URL

    Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    King, NC Industrial Opportunity Zone

    This property features approximately 44 acres situated within an Opportunity Zone and zoned for Light Industrial use. The location is within the city limits of King, North Carolina, adjacent to a Walmart Superstore and Lowe's Food Shopping Center. The site is suitable for a large retail development or distribution facility, with access to I-74, PTI Airport, and the FedEx Hub. Utilities are either on-site or nearby. The City of King is approaching 10,000 residents within its city limits, with local growth increasing over the past several years. Approximately 2000 new homesites are under construction in the area, creating a need for additional shopping, medical facilities, and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    King
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.366157
    Latitude
    36.268722

    Nearby Similar for Sale

    • $325,000

      King, NC Retail Opportunity

      High-traffic location with B-2 zoning, ideal for various businesses.
      317 E King Street, King, NC 27021
      View Details
    • $350,000

      King, NC Retail Opportunity

      2.0 acres, B-2 zoning, ideal for retail or office.
      101 Calloway Road, King, NC 27021
      View Details
    • $250,000

      Shovel-Ready Lot in King, NC

      0.98 acre shovel-ready lot with utilities in King, NC.
      5 River Birch Court, King, NC 27021
      View Details
    • $275,000

      Shovel-Ready Lot For Sale

      Commercial lot in River Birch Business Park, King, NC.
      7 River Birch Court, King, NC 27021
      View Details
    • $114,900

      Stokes County Land Near King

      3-acre lot with utilities near King, NC schools.
      3 Thomas Farm Road, King, NC 27021
      View Details
    • $684,500

      King, NC Office Land

      3.61+/- acres in King, NC, zoned Office-Institutional.
      3.61ac Kirby Road, King, NC 27021
      View Details
    • $42,000

      Unrestricted Lot in Stokes County

      Unrestricted 1.07 acre lot with septic system in King, NC.
      1065 Reid Road, King, NC 27021
      View Details
    • $1,329,460

      Wooded Acreage in King, NC

      Wooded acreage in residential neighborhood, close to downtown King.
      0 Main Street, King, NC 27021
      View Details
    • $261,000

      Stokes County Acreage with Views

      36.02 acres with mountain views in Stokes County.
      0 Reid Road, King, NC 27021
      View Details
    • $1,000,000

      King, NC Commercial Development Land

      Fully serviced commercial development land in King, North Carolina.
      4.75acres River Birch Court, King, NC 27021
      View Details
    • $89,900

      Cleared Land Parcel in King

      2.655 acre cleared lot with public water access.
      Lot 9 Brown Road, King, NC 27021
      View Details
    • $285,000

      Charming King, NC Cottage Bungalow

      Eclectic cottage bungalow near downtown King, NC with commercial potential.
      313 King Street, King, NC 27021
      View Details

    FAQs

    What type of property is this?
    Industrial land - 44+/- acres in an Opportunity Zone, zoned Light Industrial.
    Where is this industrial land located?
    The property is located at 212 Campbell Drive King, NC.
    What is the asking price?
    The asking price for this property is $3,568,000.
    What are key features of this property?
    This property features: 44+/- Acres Zoned Light Industrial in Opportunity Zone; Excellent Location: Adjacent to Walmart & Lowe's Food Shopping Center; Ideal for Retail Development or Distribution Facility
    (336) 682-4075
    We can help!
    Listing Contact
    Kent Hunter
    Kent Hunter
    Real Estate License ID: 268274
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!