Property profile

1415 Dr Martin Luther King Jr Blvd Kinston, NC 28501

OFF-MARKET
Warehouses
Property ID
US53-3487975
12,400 SF 1.33 ac lot Built 1999
Entity Owned 17-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1999
Total area 12,400 SF
Lot 1.33 ac (57,935 SF)
Zoning code RV12/11
APN 452508887315
UPID US53-3487975

Cap rate & NOI

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

Location

1415 Dr Martin Luther King Jr Blvd Kinston, NC 28501-3136
Kinston metro Census 10200 KINSTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2009
1 recorded transaction
2009
$275,000

Zoning & alternative use

RV12/11 · Kinston, NC
Top alternative use upside
Office building $1.0M +96.1%
Medical building $1.0M +89.2%
Restaurant $975,000 +84.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1415 Dr Martin Luther King Jr Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message