804 Fairfield Ave, Kinston, NC 28504-3420
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Kinston, NCKinston. 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.