Property profile

110 2nd St Kenly, NC 27542

OFF-MARKET
Commercial real estate
Property ID
US53-2028357
2,200 SF 0.08 ac lot Built 1910
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 110 W 2nd Street in Kenly, North Carolina, presents a unique investment opportunity. Boasting a generous 2,200 square feet of space, this versatile building sits on a conveniently sized 0.08-acre lot, offering ample room for various business ventures. The property's "Other" classification allows for a wide range of potential uses, making it ideal for entrepreneurs seeking a flexible and adaptable space. Its prime location in Kenly provides excellent visibility and accessibility, ensuring a strong presence within the community. The asking price of $142,500 represents a compelling value for a property of this size and potential. This is a chance to acquire a well-situated commercial building in a growing area, ready for immediate occupancy or customization to suit your specific business needs. The property's existing infrastructure provides a solid foundation for immediate operation, minimizing upfront investment costs. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this opportunity to establish your business in a thriving location. Further details are available upon request. Act quickly, as properties like this are rarely available.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Total area 2,200 SF
Lot 0.08 ac (3,485 SF)
Zoning code COM
APN 3009023
UPID US53-2028357

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

110 2nd St Kenly, NC 27542-5004
Kenly metro Census 40101 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
$120,000
2019
Price N/A
2019
$19,000

Zoning & alternative use

COM · Kenly, NC

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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