0 C.f. Harvey Pkwy, Kinston, NC 28501
Two tracts of land totaling approximately 198 acres are available for sale in Kinston, North Carolina. This exceptional offering presents a unique opportunity for industrial or commercial development. The property is strategically located on C.F. Harvey Parkway and Sanderson Way, providing excellent access and visibility. One tract is situated along the Northern Southern Railway line, offering significant logistical advantages for businesses requiring rail access. This larger tract can be subdivided into smaller parcels, with a minimum size of 75 acres for each division. The land is priced at $28,000 per acre, resulting in a total asking price of approximately $5,544,000. The smaller tract is located on Sanderson Way, Lot 1, and offers additional development potential. The property is zoned for commercial and industrial uses, making it suitable for a wide range of projects. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a substantial land holding in a growing area of North Carolina. The property's size, location, and rail access make it an ideal investment for developers seeking large-scale projects or businesses requiring significant space and logistical capabilities. The property is situated in Lenoir County and Kinston, NC, with zip codes 28501 and 28504.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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