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Property summary
This 2,200 square foot commercial building, located at 1501 Dr Martin Luther King Jr Blvd in Kinston, North Carolina (zip code 28501), is offered at $495,000 ($225 per square foot). Previously used as an auto repair shop and car wash, this property presents a versatile investment opportunity. Its zoning classification, Industrial-Business, allows for a wide range of potential uses, making it attractive to various businesses. The building enjoys a highly visible location directly on Highway… 11, ensuring excellent exposure and accessibility for customers. The property's convenient location in Kinston, Lenoir County, North Carolina, offers easy access to local amenities and a strong regional market. This is a rare chance to acquire a well-situated commercial property with significant potential for growth and return on investment. The building's existing infrastructure, while previously used for automotive services, provides a solid foundation for future development and adaptation to new business ventures. Serious inquiries are encouraged to explore the possibilities this property offers.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
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…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
