1704 Nc-11, Kinston, NC 28504
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.
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
Similar Nearby for Lease
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.