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    FOR SALE
    Commercial real estate

    2917 W Vernon Ave, Kinston, NC 28504

    1.03 ac lot
    Property ID
    US53-2897426
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.03 ac (44,867 SF)
    APN 450512958198
    UPID US53-2897426
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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