2917 W Vernon Ave, Kinston, NC 28504
This exceptional 1.03-acre commercial lot, located at 2917 W. Vernon Ave in Kinston, North Carolina, presents a prime investment opportunity. Situated along Highway 258, this property boasts high visibility and accessibility, benefiting from an estimated 17,500 vehicles per day (based on NCDOT 2019 data). The property's APN is 450512958198. Zoned General Business (B-1), this versatile parcel allows for a wide range of commercial uses, including but not limited to convenience stores, daycare centers, medical facilities (clinics, etc.), banks, chiropractic offices, insurance agencies, and real estate offices. Water and sewer utilities are conveniently located on-site. The asking price for this exceptional property is $199,000. This location offers significant potential for growth and return on investment in a thriving commercial area. Don't miss this chance to acquire a highly desirable commercial lot in a busy Kinston location. The property is in Lenoir County, NC, zip code 28504.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.