0 Johnson Farm Rd Kenly, NC 27542
This exceptional 130-acre property presents a unique residential development opportunity in Kenly, North Carolina. Located in Wilson County, this expansive land parcel offers significant potential for various residential projects. The property consists of two lots, with APN numbers 2750-39-5542.000 and 2750-48-8505.000, encompassing a total area ranging from approximately 14.5 to 115 acres. The land is zoned AR - Agricultural and Residential, allowing for a mix of uses. Its strategic location provides easy access to major transportation routes, including NC-42, I-95, and US-264, enhancing its appeal for developers and investors. The price per acre is $22,307.70, representing a compelling investment opportunity given the property's size, zoning, and convenient location. The address is Johnson Farm Rd, Kenly, NC 27542. This property is ideally suited for those seeking a substantial land holding with excellent connectivity and development potential in a growing area. Detailed surveys and further due diligence are recommended to fully assess the development possibilities. Don't miss this chance to acquire a significant piece of land in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.