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Financial
Distress signals
Property profile

500 Grainger Ave Kinston, NC 28501

OFF-MARKET
Warehouses
Property ID
US53-2860372
7,613 SF 0.97 ac lot Built 1901
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 85,000-square-foot warehouse, situated on a 3.88-acre lot in a central eastern North Carolina location, offers flexible lease options for businesses seeking efficient and accessible industrial space. Currently, 26,000 square feet is immediately available, divisible into units as small as 5,000 square feet, with a maximum contiguous space of 20,000 square feet. The property boasts a convenient location just off Highway 11, providing easy access to major transportation routes. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$78k
Assessed land$32k
Assessed improvement$46k
Effective rate1.62%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$270k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
JurisdictionLENOIR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.9
Building Supply19.3
Wholesale Shop17.5

Location

500 Grainger Ave Kinston, NC 28501-4006
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
951 J P Harrison, Kinston, NC 28501-5287 $185,000 Mar 2024 4,740 SF
820 Vernon, Kinston, NC 28501-3610 $232,000 Dec 2022 6,323 SF
3350 Nc Hwy 11th N, Kinston, NC 28501-7344 $163,500 Apr 2022 3,400 SF
2302 Albemarle, Kinston, NC 28501 $67,000 May 2021 3,000 SF
720 New Bern, Kinston, NC 28501-7410 $350,000 Aug 2019 21,585 SF
314 Mitchell, Kinston, NC 28501 $74,000 Feb 2019 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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