0 Dr Mlk Jr Blvd, Kinston, NC 28501
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.
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
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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.