Property summary
This exceptional mixed-use property presents a unique investment opportunity in the vibrant city of Kinston, North Carolina. Situated on a substantial 32.9-acre lot, this property boasts a generous 3,070 square feet of versatile space, ideal for a variety of commercial ventures. The existing structure offers significant potential for redevelopment or adaptive reuse, catering to a range of business needs. Its strategic location on US-258 ensures high visibility and convenient access for customers and employees. The expansive acreage provides ample room for expansion, future development, or outdoor amenities, depending on the intended use. This property is priced competitively at $699,900, representing a compelling value proposition for discerning investors seeking a foothold in a growing market. The substantial lot size and existing building offer flexibility for a wide array of commercial uses, from retail and office space to light industrial or specialized businesses. The property's location in Kinston provides access to a strong local economy and a growing population base. This is an exceptional opportunity to acquire a significant commercial property with considerable upside potential. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and site plans are available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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