Property profile

1704 Nc-11 Kinston, NC 28504

OFF-MARKET
Land
7.22 ac lot
Saved · see the list in your Dashboard

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

Location

1704 Nc-11 Kinston, NC 28504
Kinston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1704 Nc-11?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message