0 Dr Mlk Jr Blvd Kinston, NC 28501

OFF-MARKET

Land

3.6 ac lot

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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 type Land

Lot 3.6 ac (156,816 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Dr Mlk Jr Blvd Kinston, NC 28501

Kinston metro

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Comparables

6 recent transactions · within 1.5 mi

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