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Property summary
This exceptional 0.48-acre commercial lot presents a prime development opportunity in the thriving town of King, North Carolina. Located at 349 E King Street, this property boasts a highly desirable B2 zoning classification, opening doors to a wide range of commercial ventures. Its strategic position on a busy thoroughfare ensures high visibility and accessibility, maximizing potential for attracting customers and clients. The lot is conveniently situated directly across the street from a popular restaurant, further enhancing its appeal and potential for synergistic business relationships. The availability of city water and sewer services simplifies the development process, eliminating the need for costly infrastructure investments. This turnkey lot offers a rare chance to establish a successful business in a vibrant and growing community. The property's size and zoning make it suitable for a variety of commercial uses, from retail spaces to small-scale offices or service businesses. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. Act quickly, as opportunities like this are seldom available.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, particularly the retailing of goods and services
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B-2 · King, NCThe intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, particularly the retailing of goods and services
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in King, NC.
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Find the owner behind the property.
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