Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1203 Executive Dr Kinston, NC 28501

    Sponsored
    For Sale
    $135,000

    3.06 Acres, Hwy 11 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.06-acre commercial land parcel presents a remarkable investment opportunity in Kinston, North Carolina. Strategically located on Highway 11, this property boasts high visibility and convenient access, making it ideal for a variety of industrial uses. The land is zoned I-1, allowing for a range of development possibilities. With a total asking price of $135,000, this translates to an attractive price per acre of $44,054. The property's address is 1203 Executive Drive, Kinston, NC 28501, situated in Lenoir County. Its precise coordinates are latitude 35.2839202 and longitude -77.5583819. Given its prime location and zoning, this lot represents a significant chance to establish a thriving business in a dynamic area. The substantial lot size offers ample space for construction and potential expansion. Prospective buyers will appreciate the ease of access to major transportation routes, enhancing logistical efficiency and market reach. This is a rare opportunity to acquire a well-positioned industrial lot in a growing community. Serious inquiries are encouraged to explore the full potential of this exceptional property.

    Property Features for 1203 Executive Dr

    General Information

    Property type
    Land
    Lot Size
    133,294 SF

    HighLights

    • $135,000 asking price for 3.06 acres of commercial land.
    • Located at 1203 Executive Dr, Kinston, NC 28501.
    • I‑1 zoning.
    • Land value: $44,054 per acre.
    • Prime industrial lot directly on Hwy 11.
    Property Profile Location Intelligence

    Current Use by Public Records

    Victory Cathedral Wordship ... Church

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.5583819
    Latitude
    35.2839202

    Nearby Similar for Sale

    • $150,000
      2,004 SF

      Spacious Country Home on Acreage

      Four-bedroom home on over an acre of unrestricted agricultural land.
      636 Community Center Dr, Kinston, NC 28504
      View Details
    • $1,357,000
      7,878 SF

      Kinston Bank Branch For Sale

      NNN leased bank branch on a prime corner lot.
      1900 W Vernon Ave, Kinston, NC 28504
      View Details
    • $850,000

      Kinston Investment Opportunity For Sale

      2.89 acre property with retail, warehouse, and shelter spaces.
      2200 W Vernon Ave, Kinston, NC 28504
      View Details
    • $450,000

      Kinston Two-Story Corner Building

      Charming two-story brick building in downtown Kinston, North Carolina.
      200 N Herritage St, Kinston, NC 28501
      View Details
    • $299,000

      Industrial Warehouse with Fenced Yard

      14,000 sq ft warehouse with loading dock and office.
      505 St E, Kinston, NC
      View Details
    • $550,000

      Retail Building Near Vernon Avenue

      Retail building near Vernon Ave with existing lease in place.
      809 Mitchell St, Kinston, NC 28501
      View Details
    • $120,000
      1,638 SF

      Former Bank Administrative Office

      Office building located off Vernon Ave and Carey Rd.
      804 Carey Rd, Kinston, NC 28501
      View Details
    • Contact for pricing
      2 SF

      Kinston Retail Outparcel For Sale

      2,049 SF former bank branch on 0.42-acre outparcel.
      850 Hardee Rd, Kinston, NC 28504
      View Details
    • $1,200,000
      16.10 Acres

      Prime Kinston Commercial Land

      16.1 Acres, High-Visibility Location
      164 Hwy 58, Kinston, NC 28504
      View Details
    • $45,000
      3.43 Acres

      Prime Kinston Land Opportunity

      3.43 Acres, Zoned Other, $45,000
      2113 Queen St, Kinston, NC 28501
      View Details
    • $240,000
      1,798 SF

      Kinston Commercial Building - Great Value

      Prime Kinston location, 1,798 sq ft, 0.53 acres.
      Kinston, NC 28501
      View Details
    • $325,000
      4,628 SF

      Kinston Commercial Building - Great Potential

      0.88-acre lot, 4,628 sq ft building. Ideal for redevelopment.
      1701 Windsor Rd, Kinston, NC 28504
      View Details

    FAQs

    What type of property is this?
    Land - 3.06 Acres, Hwy 11 Frontage
    Where is this land located?
    The property is located at 1203 Executive Dr Kinston, NC.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: $135,000 asking price for 3.06 acres of commercial land.; Located at 1203 Executive Dr, Kinston, NC 28501.; I-1 zoning.
    (252) 560-9470
    Request Owner's contact information
    1203 Executive Dr Kinston, NC 28501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1203 Executive Dr
    Kinston, NC 28501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1203 Executive Dr Kinston, NC 28501
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.