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    Executive Dr Kinston, NC 28501

    Sponsored
    For Sale
    $199,000

    Prime NC industrial land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15.8-acre industrial property in Lenoir County, North Carolina, presents a significant development opportunity. Strategically located between Kinston and Greenville, with convenient access to NC Hwy 11, this site offers excellent connectivity to major transportation routes. The property features 4.6 acres of cleared land, ready for immediate construction, along with existing infrastructure including a concrete pad and fencing. Zoned I1 (Industrial), the property is suitable for a wide range of industrial and manufacturing uses. Lenoir County GIS parcel number 8674 provides seamless integration into the county's Geographic Information System. While the property boasts existing infrastructure, prospective buyers are advised that parcel maps may not precisely reflect property lines; a survey is recommended to verify boundaries. This property is ideal for businesses seeking expansion, relocation, or a new venture in Eastern North Carolina. The asking price is $199,000. This is a rare opportunity to acquire a well-situated industrial land parcel with existing infrastructure, ready for immediate development.

    Property Features for 0 Executive Dr

    General Information

    Property type
    Land
    Lot Size
    688,248 SF

    HighLights

    • 15.8‑acre industrial land parcel in Kinston, NC, priced at $199,000.
    • Located off NC Hwy 11, offering excellent access to major transportation routes.
    • Zoned I1 (Industrial), suitable for various industrial and manufacturing uses.
    • Features a 4.6‑acre cleared area, existing concrete pad, and fencing.
    • Lenoir County GIS parcel number 8674.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.558207208142
    Latitude
    35.284369025443

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    FAQs

    What type of property is this?
    Land - Prime NC industrial land, ready to build.
    Where is this land located?
    The property is located at Executive Dr Kinston, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 15.8-acre industrial land parcel in Kinston, NC, priced at $199,000.; Located off NC Hwy 11, offering excellent access to major transportation routes.; Zoned I1 (Industrial), suitable for various industrial and manufacturing uses.
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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
    Executive Dr Kinston, NC 28501
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