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    1044 Us-258 Kinston, NC 28504

    Sponsored
    For Sale
    $400,000

    Prime Kinston location, high traffic, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.622-acre commercial land parcel presents a compelling development opportunity in Kinston, North Carolina. Located at 1044 US-258, this property boasts a highly desirable B-1 General Business District zoning, allowing for a wide range of commercial uses. Its strategic location adjacent to the newly constructed MainStreet Family Care facility ensures high visibility and accessibility. The site benefits from exceptional traffic counts, with approximately 10,312 average annual daily traffic (AADT) on US-258 and approximately 40,000 AADT on nearby US-70 (W Vernon Ave). This prime location places the property within Kinston's thriving retail hub, surrounded by established national and regional retailers including Walmart, Starbucks, Petco, Cook-Out, Chick-fil-A, Wendy's, McDonald's, Royal Farms, Tidal Wave, and several car dealerships. The property's APN is 37107-450503438845. The asking price for this exceptional commercial land opportunity is $400,000. This is an ideal investment for developers seeking a high-traffic, well-located site in a growing market. Don't miss this chance to secure a prominent position in Kinston's vibrant commercial landscape.

    Property Features for 1044 Us-258

    General Information

    Property type
    Land

    HighLights

    • 0.622‑acre commercial land parcel in Kinston, NC.
    • Excellent commercial development opportunity.
    • Adjacent to the new MainStreet Family Care facility.
    • B‑1 General Business District zoning.
    • High traffic counts: ~10,312 AADT on US‑258 and ~40,000 AADT on US‑70.
    • Prime location in Kinston's retail hub, near major retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.643165008079
    Latitude
    35.264513221934

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    FAQs

    What type of property is this?
    Land - Prime Kinston location, high traffic, development ready.
    Where is this land located?
    The property is located at 1044 Us-258 Kinston, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 0.622-acre commercial land parcel in Kinston, NC.; Excellent commercial development opportunity.; Adjacent to the new MainStreet Family Care facility.
    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
    1044 Us-258 Kinston, NC 28504
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