Financial
Distress signals
Property profile

408 Herritage St Kinston, NC 28501

OFF-MARKET
Commercial real estate
Property ID
US53-2696327
5,000 SF 0.7 ac lot Built 1992
Last sale Oct 2024 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$148k
Assessed land$32k
Assessed improvement$116k
Effective rate1.89%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$38/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$20 – $63
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
The B-2 district is established to maintain the central city high density business area for residents to obtain goods and services
General categoryCOMMERCIAL
JurisdictionLENOIR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.8
Parking Facility10.7
Skin Care Clinic9.8

Location

408 Herritage St Kinston, NC 28501-4304
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2008 Queen, Kinston, NC 28501-1621 $100,000 Sep 2022 4,000 SF
Hwy 11th N, Kinston, NC 28501 $115,000 Nov 2021 5,952 SF
1001 Queen, Kinston, NC 28501-3945 $226,000 Sep 2021 4,262 SF
3928 Nc Hwy 11th N, Kinston, NC 28501-7343 $310,000 May 2021 9,856 SF
417 Vernon, Kinston, NC 28501-4456 $100,000 Oct 2018 3,850 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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