Property summary
This exceptional investment opportunity presents a 1,780 square foot executive office space located at 804 Fairfield Ave, Kinston, NC 28504. The property is a single-story Class C building situated on a 0.15-acre lot and is currently 100% occupied under a single tenancy. The asking price is $85,500, translating to a price per square foot of $48.03. The net rentable area is 1,780 square feet, matching the total square footage. The property is zoned B1 and offers a strong return on investment due to its current occupancy. It's important to note that this property must be purchased in conjunction with the adjacent property located at 1601/1603 W Vernon Ave. This presents a unique opportunity to acquire a significant commercial presence in a desirable Kinston location. The property's address is easily accessible and well-situated within Lenoir County. Serious inquiries only. This is a turnkey investment opportunity for a savvy buyer. Further details are available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B1 · Kinston, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for B1 in Kinston, NC.
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