Property profile

0 Executive Dr Kinston, NC 28501

OFF-MARKET
Land
15.8 ac lot
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Property summary

AI-generated overview

This exceptional 15.8-acre industrial property in Lenoir County, North Carolina, presents a significant development opportunity. Strategically located between Kinston and Greenville, with convenient access to NC Hwy 11, this site offers excellent connectivity to major transportation routes. The property features 4.6 acres of cleared land, ready for immediate construction, along with existing infrastructure including a concrete pad and fencing. Zoned I1 (Industrial), the property is suitable for a wide range of industrial and manufacturing uses. Lenoir County GIS parcel number 8674 provides seamless integration into the county's Geographic Information System. While the property boasts existing infrastructure, prospective buyers are advised that parcel maps may not precisely reflect property lines; a survey is recommended to verify boundaries. This property is ideal for businesses seeking expansion, relocation, or a new venture in Eastern North Carolina. The asking price is $199,000. This is a rare opportunity to acquire a well-situated industrial land parcel with existing infrastructure, ready for immediate development.

Property profile

Verified
Property type Land
Lot 15.8 ac (688,248 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Executive Dr Kinston, NC 28501
Kinston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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
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