116 Blount St Kinston, NC 28501-4808
6.3.11. B-2 Central Business District. The B-2 district is established to maintain the central city high-density business area for residents to obtain goods and services. 6.3.12. SC Shopping Center District. The SC district is established to accommodate shopping center developments. A shopping center is defined as a group of commercial establishments, planne…
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Kinston, NC6.3.11. B-2 Central Business District. The B-2 district is established to maintain the central city high-density business area for residents to obtain goods and services. 6.3.12. SC Shopping Center District. The SC district is established to accommodate shopping center developments. A shopping center is defined as a group of commercial establishments, planned, developed, owned or managed as a unit, with off -street parking provided on the property; however, this shall not apply to a group of commercial establishments developed on a tract of land containing less than two (2) acres. 6.3.13. I-B Industrial Business District. The I-B district is intended to be a transitional land use district located adjacent to major thoroughfares where highway business and industrial development have high potential and where existing land uses indicate such a mixture. In addition, these regulations will allow mixing of certain normally non -compatible uses, with the provision that proper open spaces, sign control, sufficient lot sizes, increased setbacks, and good design are provided. This will help ensure that existing residences are protected against encroachment by industrial and business nuisances and similarly the ills of traditional strip commercial and industrial development will be discouraged. The purpose of the I -B district will be to provide for and encourage the proper grouping and development of roadside areas which will best accommodate the needs of the motoring public and of businesses and light industry demanding high volume traffic and major thoroughfare access but exhibiting a fairly low development density and traffic generation capacity with controlled highway access as a major feature. 6.3.14. I -1 Industrial District. The I-1 district is for industries and warehouses which are not considered detrimental to surrounding land uses or those industries that are not considered to cause unnecessary loads or strain on existing public utility facilities. Further, these industries are to comply with applicable state and federal agencies’ standards for emissions, effluents, noise, or odor. 6.3.15. I-2 General Industrial District. The I-2 district is established for the purpose of limiting the location of industries which by nature of their activities are not compatible with residential, institutional, and commercial uses.
No recorded transactions found for this property.
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.