Property profile

405 New Bern Rd Kinston, NC 28504

OFF-MARKET
Turn key restaurants
Property ID
US53-2652542
21,316 SF 4.16 ac lot Built 1971
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Total area 21,316 SF
Lot 4.16 ac (181,210 SF)
Zoning code B1
APN 452410451853
UPID US53-2652542

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Electrical Service
  • Take-out & Catering Catering Service

Location

405 New Bern Rd Kinston, NC 28504-6737
Kinston metro Census 11301 KINSTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$908k
Blend (final) Blend
$455k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

B1 · Kinston, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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