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Property profile & analytics
OFF-MARKET
Warehouses

500 Nelson St Kinston, NC 28501-4144

1,107 SF 0.23 ac lot Built 1945
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US53-2743925
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1945
Total area 1,107 SF
Lot 0.23 ac (10,019 SF)
Zoning code B-1
APN 451512959067
UPID US53-2743925
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Corrie A Koonce · 5 yrs held
Corrie A Koonce
since 2020
3 recorded transactions
2020
Price N/A
2014
Price N/A
2007
Price N/A
Zoning & alternative use
B-1 · Kinston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6.3.10. B -1 General Business District. The B -1 district is established as a district in which to accommodate highway-oriented retail and commercial service businesses which generally have as their market area the entire town and surrounding area. The major objectives of this district are to (I) encourage planned commercial and office parks; (ii) encourage…

Zone name General Business District
General category COMMERCIAL
Zone area 1,014.21 ac
Source Unified Development Ordinance
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