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    OFF-MARKET
    Land

    0 Dr Mlk Jr Blvd, Kinston, NC 28501

    3.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.6-acre commercial land parcel presents a significant investment opportunity. Strategically located on NC Highway 11 North, between Kinston and Greenville, this property boasts excellent road frontage, ensuring high visibility and accessibility. Situated within the Kinston city limits, the land is zoned IB, offering a range of potential commercial development options. The property's current use includes a lease agreement for a billboard, generating consistent passive income. The seller is open to subdividing the land, providing flexibility for various development scenarios. The APN is 453603004477. This prime location offers easy access to both Kinston and Greenville, making it ideal for businesses seeking high traffic exposure. The asking price for this exceptional property is $150,000. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a growing area. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 3.6 ac (156,816 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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