Property profile

0 Us-70 Kinston, NC undefined

OFF-MARKET
Land
194 ac lot
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Property summary

AI-generated overview

This exceptional 194-acre property in Kinston, North Carolina, presents a unique investment opportunity. Strategically located on US Highway 70 West, adjacent to Sanderson Farms, this high-visibility site boasts daily traffic counts exceeding 23,500 vehicles. The property's dual zoning, I-2 and Agricultural, allows for a wide range of development possibilities, from industrial ventures to agricultural pursuits or a combination thereof. Its prime location offers easy access to major roadways and regional markets, making it ideal for businesses seeking high visibility and convenient transportation links. The asking price is $4,080,000. The parcel is identified by APN 2438. This significant landholding offers substantial potential for a variety of commercial uses, capitalizing on its exceptional location and flexible zoning. Ownership is 100%. No lease options are currently available. This is a for-sale-by-owner listing. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 194 ac (8,450,640 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-70 Kinston, NC undefined
Kinston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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