102 Hershey Dr, Kenly, NC 27542
This 4,250 square foot industrial warehouse, located at 102 Hershey Dr, Kenly, NC 27542, presents a unique investment opportunity. Situated on two acres of land in Johnston County, this Class C building boasts a desirable location directly across from a shopping mall and near a busy truck stop exit, ensuring high visibility and accessibility. Built in 2004, the property features an 18-foot ceiling height, perfect for various commercial uses. The warehouse includes 20 dock-high doors, facilitating efficient loading and unloading. The flexible zoning (COM) allows for a wide range of potential tenants, including but not limited to car lots, mechanics, truck detailing businesses, and general warehousing. Single-tenant occupancy provides simplicity and control. This property is ideal for entrepreneurs seeking a high-traffic location and ample space to establish or expand their business. The combination of its size, location, and flexible zoning makes this an exceptional opportunity in the thriving Kenly market. The property's features are well-suited for a variety of commercial uses, making it a versatile and attractive investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
COM · Kenly, NCKenly. Always verify with local authorities before improvements.
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.