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    1501 Dr Martin Luther King Jr Blvd Kinston, NC 28501
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    Property profile & analytics

    1501 Dr Martin Luther King Jr Blvd Kinston, NC 28501


    • Auto shops
    • 1,500 SF
    • 2.96 lot acres
    Kinston Commercial Property For Sale For Sale
    $495,000
    2,200 SF

    Kinston Commercial Property For Sale

    Former auto repair and car wash on Hwy 11.

    1501 Dr Martin Luther King Jr Blvd, Kinston, NC 28501
    View Listing
    Property ID
    US53-3603133
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tripp's Tire & Muffler / Auto Repair Shop / Insurance Agency

    Property Details for 1501 Dr Martin Luther King Jr Blvd

    Year built
    1999
    Lot size
    2.96 lot acres
    Property size
    1,500 SF
    Zone code
    I-B
    Property type
    Auto shops
    APN
    452508889698
    APU
    452508889698

    Description

    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.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Kinston
    County
    Lenoir
    State
    North Carolina
    Longitude
    -77.5626
    Latitude
    35.2769
    CBSA code
    28820
    CBSA name
    KINSTON, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,170
    $59,200
    $322,848
    $382,048
    -
    $59,200
    $322,848
    $382,048
    View Listing
    More about this property
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