Search
Industrial Land Tract
For Sale
$1,500,000

164 Hwy 55 S, Kinston, NC 28504

Commercial Sale, Kinston, NC

Property SizeContact for details
Lot Size16.10 Acres
Days on Market39

Property Features for 164 Hwy 55 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-1 Land use Y
Subdivision Not In Subdivision
Lot features Cleared
Directions Show anytime, please stay away from removal area of the old warehouse. They are in process of removing all debris.
Standard status Active
APN 4524-43-5914
Lot size 16.10 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 701,316 Lot Dimensions: 1719.3 x402.2 x1469 x89.4tx219.7x341.5 ft
Legal Description 701,316 Lot Dimensions: 1719.3 x402.2 x1469 x89.4tx219.7x341.5 ft
Listing Agency: Statewide Realty
Listed By: Rose Cannon · License #185443
Added: Jul 16 Changed: Aug 20 Last Checked: Aug 23 at 12:06AM
MLS# 100589391

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

Investment Insights

Based on property information with market context.

This industrial land tract encompasses 16.1 acres and is designated I-1 with Land use Y. A damaged structure associated with the former tobacco warehouse is being removed from the property, and portions under active removal should not be entered for safety reasons.

The site is positioned along Hwy 55 S in Kinston, across from Lenoir College. The property can be viewed by driving around the site, while access to areas undergoing removal remains restricted during the work.

Key Highlights

  • 16.1‑acre industrial land tract
  • I‑1 zoning with Land use Y
  • Located at 164 Hwy 55 S, Kinston, NC 28504

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Law Firm Discount Store Clothing & Fashion Store Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 28504, NC

20,180
Population
9,355
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
84%
High-School Grad
121.1 sq mi
ZIP Area
167
Density / Sq Mi
$50,650
Median Household Income
$35,717
Median Earnings
$905
Median Rent
$124,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with I-1 zoning and an existing building removal project underway.
Where is this industrial land located?
The property is located at 164 Hwy 55 S Kinston, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 16.1‑acre industrial land tract; I‑1 zoning with Land use Y; Located at 164 Hwy 55 S, Kinston, NC 28504
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