406 Church St, Kenly, NC 27542-5002
This exceptional retail property, known as Kenly Square, is situated on a 3-acre lot at 406 S. Church Street in Kenly, North Carolina, zip code 27542. The property boasts a total building size of 34,829 square feet, currently featuring multiple tenants. A significant opportunity exists with 3,810 square feet of vacant space available for lease, ideal for expansion or new businesses seeking a prominent location in Kenly County. The building underwent renovations in 2019, ensuring modern amenities and a well-maintained structure. The property's classification is retail commercial, offering a versatile space suitable for a variety of businesses. Its convenient location on S. Church Street provides excellent visibility and accessibility for customers. The property's size and layout make it an attractive option for businesses seeking a substantial presence in a thriving community. This outparcel presents a unique opportunity to establish or expand a business in a prime retail location within Kenly Square. The property is categorized as multi-tenant, offering flexibility for various business models. Interested parties are encouraged to inquire about lease terms and availability for the vacant space. The property's recent renovations contribute to its modern appeal and functionality.
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
Property description
Physical attributes from public recordsZoning & alternative use
COM · Kenly, NCKenly. Always verify with local authorities before improvements.
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.