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    John Mewborne Rd Kinston, NC 28504

    Sponsored
    For Sale
    $425,000

    40 Acres, $425,000 - Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40-acre industrial land parcel presents a significant investment opportunity in Kinston, North Carolina. Located on John Mewborne Road, this property boasts convenient access to the NC Global Transpark, making it ideally suited for various industrial uses. The expansive lot size offers ample space for development, allowing for flexibility in design and construction. The property's APN is 25041, and it's situated in Lenoir County, North Carolina, with a zip code of 28504. The asking price for this substantial land holding is $425,000. Its location near the NC Global Transpark provides excellent access to transportation infrastructure, potentially reducing logistical costs and enhancing operational efficiency for businesses. This prime industrial land is ready for immediate development, offering a unique chance to establish a significant presence in a strategically advantageous location. The property's size and location make it an attractive prospect for companies seeking to expand their operations or establish a new facility in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this exceptional industrial land offering. The coordinates for this property are latitude 35.32250094408073 and longitude -77.60169958193421.

    Property Features for 0 John Mewborne Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.601699581934
    Latitude
    35.322500944081

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    FAQs

    What type of property is this?
    Land - 40 Acres, $425,000 - Excellent Location
    Where is this land located?
    The property is located at John Mewborne Rd Kinston, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    Request Owner's contact information
    John Mewborne Rd 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
    John Mewborne Rd Kinston, NC 28504
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