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    OFF-MARKET
    Land

    636 Sheffield Dr, Kinston, NC 28504

    3.89 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.89-acre commercial land parcel presents a remarkable development opportunity in Kinston, North Carolina. Strategically located at 636 Sheffield Dr, in Lenoir County, zip code 28504 (latitude 35.2597776, longitude -77.6439145), this property boasts a highly desirable location within a major retail area. The site is situated along W. Vernon Ave/Highway 70, directly behind the former Lidl grocery store, benefiting from exceptional visibility and high traffic volume. With over 28,500 vehicles passing daily on Vernon Ave, this property sits at the heart of Kinston's thriving retail corridor. The surrounding area is anchored by a strong mix of established businesses, including McDonald's, Fairfield Inn & Suites, Walmart, Starbucks, Arby's, Cook Out, Chick-fil-A, and AutoZone, ensuring a robust customer base and significant commercial potential. The property is zoned B-1 and I-B, offering flexibility for a variety of commercial developments. This is an unparalleled chance to acquire a prime piece of land in a rapidly growing area, ideal for investors seeking high-return opportunities. The asking price for this exceptional property is $600,000.

    Property profile
    Verified
    Property type Land
    Lot 3.89 ac (169,448 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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