Property profile

0 C.f. Harvey Pkwy Kinston, NC 28501

OFF-MARKET
Land
51 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 51 ac (2,221,560 SF)

Cap rate & NOI

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

Location

C.f. Harvey Pkwy Kinston, NC 28501
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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