408 Airport Rd, Kinston, NC 28504
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.
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
Similar Nearby for Lease
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.