2760 Nc Hwy 11th N Kinston, NC 28501-7397
6.3.14. I -1 Industrial District. The I-1 district is for industries and warehouses which are not considered detrimental to surrounding land uses or those industries that are not considered to cause unnecessary loads or strain on existing public utility facilities. Further, these industries are to comply with applicable state and federal agencies’ standards…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Kinston, NC6.3.14. I -1 Industrial District. The I-1 district is for industries and warehouses which are not considered detrimental to surrounding land uses or those industries that are not considered to cause unnecessary loads or strain on existing public utility facilities. Further, these industries are to comply with applicable state and federal agencies’ standards for emissions, effluents, noise, or odor. 6.3.15. I-2 General Industrial District. The I-2 district is established for the purpose of limiting the location of industries which by nature of their activities are not compatible with residential, institutional, and commercial uses. In addition to the permitted uses in the I -2 General Industrial District, any building or land may be used for any other industrial purpose, except that no building or occupancy permit shall be issued for any of those uses not meeting state and/or federal agencies’ standards for objectionable emissions, effluents, noise, or odor until and unless the location of such shall have been approved by the City Council. 6.3.16. PUD Planned Unit Development. This district is defined as an area characterized by an orderly integration of residential development, open space land uses, commercial development, and light industrial development (I -B and I -1) which conform to the design requirements contained herein. It permits the planning of a project and a calculation of densities over the entire development rather than on an individual lot -by-lot basis. This district is served by public water and sewer facilities. A PUD district shall not be less than twenty -five (25) acres in area. The district may be used for development which cannot be achieved through traditional zoning.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.