Property profile

408 Airport Rd Kinston, NC 28504

OFF-MARKET
Warehouses
10,356 SF Built 2024
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Property summary

AI-generated overview

This brand-new, 2024-built industrial property offers 10,356 square feet of flexible warehouse space, perfectly suited for a variety of business needs. The property is divided into six individual suites, each approximately 1,750 square feet, with the option to lease the entire 10,356 square feet contiguously. Currently, all 10,356 square feet are vacant and ready for immediate occupancy. Each suite boasts a spacious open floor plan, a private restroom, and a small office area, providing a functional and comfortable workspace. The units feature convenient 12x12 drive-in garage doors, ideal for efficient loading and unloading. Water and sewer are included. The property's strategic location ensures excellent access to major transportation routes, maximizing operational efficiency. The building allows for customization to meet specific tenant requirements. While the listed rate may not include certain utilities, building services, and property expenses, these will be detailed in the lease agreement. This is a prime opportunity to secure modern, versatile warehouse space in a highly accessible location.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 10,356 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

408 Airport Rd Kinston, NC 28504
Kinston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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