Property profile

1044 Us-258 Kinston, NC 28504

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.622-acre commercial land parcel presents a compelling development opportunity in Kinston, North Carolina. Located at 1044 US-258, this property boasts a highly desirable B-1 General Business District zoning, allowing for a wide range of commercial uses. Its strategic location adjacent to the newly constructed MainStreet Family Care facility ensures high visibility and accessibility. The site benefits from exceptional traffic counts, with approximately 10,312 average annual daily traffic (AADT) on US-258 and approximately 40,000 AADT on nearby US-70 (W Vernon Ave). This prime location places the property within Kinston's thriving retail hub, surrounded by established national and regional retailers including Walmart, Starbucks, Petco, Cook-Out, Chick-fil-A, Wendy's, McDonald's, Royal Farms, Tidal Wave, and several car dealerships. The property's APN is 37107-450503438845. The asking price for this exceptional commercial land opportunity is $400,000. This is an ideal investment for developers seeking a high-traffic, well-located site in a growing market. Don't miss this chance to secure a prominent position in Kinston's vibrant commercial landscape.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

1044 Us-258 Kinston, NC 28504
Kinston metro
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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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