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    Us-70 Kinston, NC undefined

    Sponsored
    For Sale
    $4,080,000

    194 Acres, Highway 70 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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 Features for 0 Us-70

    General Information

    Property type
    Farms
    Lot Size
    8,450,640 SF

    HighLights

    • High‑visibility location with excellent highway access.
    • 194 +/- acres.
    • Situated on Highway 70 West adjacent to Sanderson Farms.
    • Zoned I‑1 and Agricultural.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.659551330589
    Latitude
    35.260271944362

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    FAQs

    What type of property is this?
    Farm - 194 Acres, Highway 70 Frontage
    Where is this farm located?
    The property is located at Us-70 Kinston, NC.
    What is the asking price?
    The asking price for this property is $4,080,000.
    What are key features of this property?
    This property features: High-visibility location with excellent highway access.; 194 +/- acres.; Situated on Highway 70 West adjacent to Sanderson Farms.
    Request Owner's contact information
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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
    Us-70 Kinston, NC undefined
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