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    636 Sheffield Dr Kinston, NC 28504

    For Sale
    $600,000

    3.89-acre prime commercial lot in Kinston, NC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.89-acre commercial land parcel presents a remarkable development opportunity in Kinston, North Carolina. Strategically located at 636 Sheffield Dr, in Lenoir County, zip code 28504 (latitude 35.2597776, longitude -77.6439145), this property boasts a highly desirable location within a major retail area. The site is situated along W. Vernon Ave/Highway 70, directly behind the former Lidl grocery store, benefiting from exceptional visibility and high traffic volume. With over 28,500 vehicles passing daily on Vernon Ave, this property sits at the heart of Kinston's thriving retail corridor. The surrounding area is anchored by a strong mix of established businesses, including McDonald's, Fairfield Inn & Suites, Walmart, Starbucks, Arby's, Cook Out, Chick-fil-A, and AutoZone, ensuring a robust customer base and significant commercial potential. The property is zoned B-1 and I-B, offering flexibility for a variety of commercial developments. This is an unparalleled chance to acquire a prime piece of land in a rapidly growing area, ideal for investors seeking high-return opportunities. The asking price for this exceptional property is $600,000.

    Property Features for 636 Sheffield Dr

    General Information

    Property type
    Land
    Lot Size
    169,448 SF

    HighLights

    • $600,000 asking price.
    • 3.89‑acre commercial land parcel.
    • B‑1 and I‑B zoning.
    • Located at 636 Sheffield Dr, Kinston, NC 28504.
    • Situated in a high‑traffic retail area with over 28,500 vehicles per day.
    • Excellent development opportunity near major retailers including Walmart, McDonald's, and Starbucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Auto Parts Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.6439145
    Latitude
    35.2597776

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    FAQs

    What type of property is this?
    Land - 3.89-acre prime commercial lot in Kinston, NC.
    Where is this land located?
    The property is located at 636 Sheffield Dr Kinston, NC.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price.; 3.89-acre commercial land parcel.; B-1 and I-B zoning.
    (252) 355-7006
    Request Owner's contact information
    636 Sheffield Dr Kinston, NC 28504
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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
    636 Sheffield Dr Kinston, NC 28504
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