Property profile

2178 Us-258 Kinston, NC 28504

OFF-MARKET
Retail properties & Spaces
12,000 SF 0.92 ac lot
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Property summary

AI-generated overview

This exceptional 12,000-square-foot retail storefront presents a rare investment opportunity in Kinston, North Carolina. Located at 2178 US-258, this single-story building sits on a 0.92-acre lot (APN: 450601357237) and boasts a highly desirable B-1 zoning designation. Constructed in 1988, the property offers a clear-span design, maximizing usable space. Currently vacant, this property is ready for immediate occupancy. Its strategic location, 30 miles south of Greenville and 30 miles east of Goldsboro, ensures high visibility and accessibility. Benefitting from its proximity to the Piggly Wiggly shopping center, the property enjoys significant traffic exposure, with over 10,500 average annual daily traffic counts (AADT) recorded in 2021. This translates to substantial foot traffic and potential customer base. The property is available for both lease and purchase, making it an attractive option for businesses seeking to establish a presence or expand their operations in this thriving market. This is a rare opportunity to acquire a well-situated, spacious retail space in a high-traffic area. Don't miss out on this chance to secure a prime location in Kinston's bustling commercial district.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,000 SF
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

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

Location

2178 Us-258 Kinston, NC 28504
Kinston metro
Google Maps

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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