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    505 East St Kinston, NC 28501

    For Sale
    $499,000

    14,000 SF Warehouse - $499,000

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,000-square-foot warehouse, located at 505 East St in Kinston, North Carolina (zip code 28501), presents a compelling investment opportunity. Priced at $499,000, this industrial property boasts a versatile layout ideal for a range of businesses. The asking price translates to $35.64 per square foot. Key features include a convenient loading dock, dedicated office space, and a secure, fenced laydown yard, providing ample storage and operational flexibility. Situated in Lenoir County, this warehouse offers a strategic location for efficient logistics and distribution. The property's substantial size and functional design make it an attractive option for companies seeking to expand or establish their operations in a thriving area. The address is easily accessible, offering convenient access to major transportation routes. This warehouse is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained industrial space in a desirable location. The combination of size, features, and price makes this a highly competitive offering in the Kinston market.

    Property Features for 505 East St

    General Information

    Property type
    Distribution properties
    Square Feet
    14,000 SF

    HighLights

    • 14,000‑square‑foot warehouse in Kinston, NC (28501).
    • $499,000 asking price ($35.64/SF).
    • Features a loading dock, office space, and fenced yard.
    • Convenient access to major transportation routes.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Amor Furniture and Bedding, ... Manufacturer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.575801926976
    Latitude
    35.265499850796

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    FAQs

    What type of property is this?
    Distribution property - 14,000 SF Warehouse - $499,000
    Where is this distribution property located?
    The property is located at 505 East St Kinston, NC.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 14,000-square-foot warehouse in Kinston, NC (28501).; $499,000 asking price ($35.64/SF).; Features a loading dock, office space, and fenced yard.
    Request Owner's contact information
    505 East St Kinston, NC 28501
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    Kinston, NC 28501
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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
    505 East St Kinston, NC 28501
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