701 Johnston Pkwy Kenly, NC 27542
- Commercial real estate
- 34.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 701 Johnston Pkwy
- Lot size
- 34.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional 34.02-acre commercial property in Kenly, NC, boasts an unparalleled location with over 1078 feet of frontage along Johnston Parkway, providing significant visibility to the high-traffic flow of Interstate 95. The property also features 1295 feet of paved public road frontage on its northern boundary. Its rectangular shape and dual road frontage offer exceptional flexibility for development. A significant advantage is that the property, including a pond, has already undergone clearing of riparian buffers and jurisdictional wetlands, eliminating potential environmental hurdles. A comprehensive boundary survey is readily available, along with a completed Phase One environmental audit, streamlining the due diligence process for potential buyers. The property's size and strategic location make it ideal for a variety of commercial uses, and the possibility of dividing the land offers further development options. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial parcel in a growing area. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kenly
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.1486
- Latitude
- 35.579