4725 Packhouse Rd Kinston, NC 28504
- Land
- 17.00 lot acres
Current Use by Public Records
- Land
Property Details for 4725 Packhouse Rd
- Lot size
- 17.00 lot acres
- Property type
- Land
Description
This exceptional 17+-acre commercial land parcel presents a remarkable investment opportunity situated at the newly constructed interchange of US Hwy 70 and NC 903, soon to become Interstate 42. The property boasts approximately 3.75 acres zoned for commercial use, ideal for a convenience store/gas station, given the high traffic volume and limited fuel options in the immediate area. The remaining acreage offers potential for lower-density residential or other compatible uses. US Hwy 70, a major east-west artery connecting Raleigh and the North Carolina coast, sees 16,000 Average Annual Daily Traffic (AADT), further enhanced by the 3,000 AADT on NC 903 at this location. This vital corridor serves as a key hurricane evacuation route and a significant freight transportation pathway. The site offers substantial frontage—650 feet—on NC 903 and Packhouse Road. Public utilities are readily available. The La Grange Planning Department has indicated support for suitable development proposals. The property is zoned HWY Commercial and R-18, and its strategic location at a completed interchange of the future I-42 makes it an exceptionally attractive investment. The asking price is $349,000. APN: 16064. Located at 4725 Packhouse Rd, La Grange, NC 28504.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kinston
- County
- Lenior
- State
- North Carolina
- Longitude
- -77.7896
- Latitude
- 35.2904
