1576 Princeton Kenly Rd Kenly, NC 27542
- Commercial real estate
- 18.28 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1576 Princeton Kenly Rd
- Lot size
- 18.28 lot acres
- Property type
- Commercial real estate
Description
This exceptional 18.28-acre commercial property boasts unparalleled visibility and accessibility at the intersection of Princeton Kenly Road and Interstate 95 in Kenly, North Carolina. The site offers over 1700 feet of I-95 right-of-way frontage, providing significant exposure to high volumes of northbound and southbound traffic, as well as traffic exiting the northbound ramp. Its strategic location benefits from the proximity of three major truck stops, two hotels, multiple restaurants, and several large businesses, ensuring a consistent flow of potential customers. The property's versatility allows for a range of development options, from industrial to retail uses, subject to obtaining the necessary zoning approvals. The substantial road frontage of approximately 700 feet provides ample space for building access and potential signage. The possibility of dividing the property into smaller parcels offers flexibility for various development scenarios. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel with immense potential for growth and return on investment. The property is priced at $731,200.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kenly
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.14238
- Latitude
- 35.57921