0 O Princeton Kenly Rd Kenly, NC 27542
This exceptional 25.46-acre parcel presents a unique investment opportunity in Johnston County, North Carolina, a region experiencing rapid growth. Zoned IHI, the property allows for diverse development, including commercial, industrial, and residential uses. Approximately 11 acres are estimated to be cleared, simplifying development plans. Strategically located less than a quarter-mile from I-95 Exit 106, this site offers unparalleled access to major transportation arteries. Its prime location directly across from a Flying J Truck Stop and near other amenities such as fast-food restaurants, hotels, and another large truck stop, ensures high visibility and convenient access for potential businesses and residents. The asking price is $763,800, translating to $30,056.40 per acre. While approximately 11 acres are estimated to be cleared, potential buyers are advised to independently verify the usable acreage. This property's combination of size, zoning, location, and infrastructure access makes it an ideal candidate for a variety of development projects. Water access is available. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.