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    Kinston, NC 28501

    Sponsored
    For Sale
    $240,000

    Prime Kinston location, 1,798 sq ft, 0.53 acres.

    Property size:
    1,798 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a fantastic investment opportunity in the thriving city of Kinston, North Carolina. Boasting a generous 1,798 square feet of space, this versatile building sits on a sizable 0.53-acre lot, offering ample room for expansion or outdoor activities. The property's classification as "General Commercial" allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. Located in Kinston, the property benefits from convenient access to local amenities, transportation routes, and a growing community. The asking price of $240,000 represents exceptional value for a property of this size and potential in this desirable location. This is a rare opportunity to acquire a well-situated commercial building in a dynamic market. The substantial lot size provides significant potential for future development or expansion, catering to a variety of business needs. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss out on this chance to secure a prime commercial asset in Kinston, NC. The property is ready for immediate occupancy, allowing for a swift and seamless transition for your business. Contact us today to schedule a viewing and discover the full potential of this remarkable investment.

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,798 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1971
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.5634
    Latitude
    35.2671

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Kinston location, 1,798 sq ft, 0.53 acres.
    Where is this commercial real estate located?
    The property is located at Kinston, NC.
    What is the asking price?
    The asking price for this property is $240,000.
    (252) 560-2726
    Request Owner's contact information
    Kinston, NC 28501
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    Realmo Value Estimation

    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.

    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.

    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
    Kinston, NC 28501
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