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Property profile & analytics
OFF-MARKET
Medical Office Space

508 Plz Blvd Kinston, NC 28501-1615

2,559 SF 0.4 ac lot Built 1970
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-2729358
Property summary
AI-generated overview

This exceptional office building, located at 508 Plaza Boulevard in Kinston, North Carolina, presents a compelling investment opportunity. The property boasts a generous 2,559 square feet of well-maintained office space, situated on a sizable 0.4-acre lot. Its prime location in Kinston offers excellent visibility and accessibility, making it ideal for a variety of businesses. The building's current condition is ready for immediate occupancy, allowing for a seamless transition for new tenants. The asking price of $400,000 represents a significant value for a property of this size and location within the Kinston market. This presents a rare chance to acquire a substantial office building in a thriving area. The ample lot size offers potential for future expansion or additional development, providing flexibility for long-term growth. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime commercial property in a desirable Kinston location. The property is offered as-is.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Total area 2,559 SF
Lot 0.4 ac (17,424 SF)
Zoning code OI
APN 452617212343
UPID US53-2729358
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
Current use
Occupant on record · Public records
  • Mallard Mike Insurance Agency
  • Sargeant Jonathon L Law Firm
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
Think Karma LLC · 4 yrs held
Think Karma LLC
since 2021
Last sale
$215,000
2 recorded transactions
2021
$215,000
2016
Price N/A
Zoning & alternative use
OI · Kinston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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