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    OFF-MARKET
    Land

    1704 Nc-11, Kinston, NC 28504

    7.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.22-acre commercial land parcel presents a compelling investment opportunity in Kinston, North Carolina. Strategically located on Highway 11, this property boasts a highly desirable B-1 zoning classification, allowing for a diverse range of commercial uses. The site enjoys exceptional visibility with an impressive 18,500 average annual daily traffic (AADT) count, ensuring significant exposure for any development. Future infrastructure improvements are anticipated to further enhance the property's value. Proposed plans for the Highway 70 Kinston Bypass project will place an exit just one minute away, dramatically increasing accessibility and desirability. While situated in Flood Zone AE, the substantial acreage and prime location outweigh this consideration for many developers. This property is ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The asking price is $99,999. The address is 1704 NC-11, Kinston, NC 28504, Lenoir County. This is a rare opportunity to acquire a well-positioned commercial land tract in a growing area.

    Property profile
    Verified
    Property type Land
    Lot 7.22 ac (314,503 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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