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    110 2Nd St Kenly, NC 27542

    Sponsored
    For Sale
    $142,500

    2,200 sq ft, 0.08 acre lot

    Property size:
    2,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 110 W 2nd Street in Kenly, North Carolina, presents a unique investment opportunity. Boasting a generous 2,200 square feet of space, this versatile building sits on a conveniently sized 0.08-acre lot, offering ample room for various business ventures. The property's "Other" classification allows for a wide range of potential uses, making it ideal for entrepreneurs seeking a flexible and adaptable space. Its prime location in Kenly provides excellent visibility and accessibility, ensuring a strong presence within the community. The asking price of $142,500 represents a compelling value for a property of this size and potential. This is a chance to acquire a well-situated commercial building in a growing area, ready for immediate occupancy or customization to suit your specific business needs. The property's existing infrastructure provides a solid foundation for immediate operation, minimizing upfront investment costs. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this opportunity to establish your business in a thriving location. Further details are available upon request. Act quickly, as properties like this are rarely available.

    Property Features for 110 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,200 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenly
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.1236
    Latitude
    35.5949

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 2,200 sq ft, 0.08 acre lot
    Where is this commercial real estate located?
    The property is located at 110 2Nd St Kenly, NC.
    What is the asking price?
    The asking price for this property is $142,500.
    (919) 550-7355
    Request Owner's contact information
    110 2Nd St Kenly, NC 27542
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    Kenly, NC 27542
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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
    110 2Nd St Kenly, NC 27542
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