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Property summary
This exceptional 68.66-acre tract in Johnston County, North Carolina, presents a unique investment opportunity. Located at 2312 Princeton Kenly Rd, Kenly, NC 27542, this property boasts a combination of cleared and wooded land, zoned AR. The asking price is $2,059,800, translating to a land value of $30,000 per acre. The property's strategic location offers convenient access to Interstate 95, just a quarter-mile from Exit 106, providing excellent connectivity for various commercial and industrial uses. County water is available. This versatile land is suitable for a range of development projects, capitalizing on the significant growth and future development plans within Johnston County. Note that an additional approximately 33 acres across the road are also available for purchase, and further tracts are anticipated in the future. This presents a rare chance to acquire a substantial land holding in a rapidly developing area with excellent infrastructure and accessibility. The property's zoning and location make it ideal for commercial, industrial, or residential development, offering significant long-term investment potential.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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