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Property profile & analytics
FOR SALE
Banks

850 Hardee Rd Kinston, NC 28504

2,104 SF 0.42 ac lot Built 1969
Entity Owned Free & Clear
Property ID
US53-2733905
Property summary
AI-generated overview

This exceptional 2,049-square-foot retail property, located at 850 Hardee Rd in Kinston, North Carolina, presents a unique investment opportunity. Previously occupied as a bank branch, this single-story, 1969-built building sits on a 0.42-acre outparcel and offers significant potential for redevelopment. The property features abundant onsite parking with approximately 30 spaces, and a highly desirable three-lane drive-thru, making it ideally suited for a variety of uses, including a coffee shop or quick-service restaurant. The property's APN is 310751511576272. Currently vacant, this building is zoned for mixed use in the future, offering flexibility for a wide range of commercial ventures. Its convenient location in Lenoir County, North Carolina, zip code 28504, provides excellent visibility and accessibility. The property's single building structure and ample parking make it an attractive option for businesses seeking a ready-to-develop space in a thriving community. Serious inquiries are encouraged to explore the possibilities of this prime retail location. Contact us to discuss pricing and next steps.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1969
Total area 2,104 SF
Lot 0.42 ac (18,295 SF)
Zoning code SC
APN 451511576272
UPID US53-2733905
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
  • First Citizens Bank Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FIRST CITIZENS BANK CBO 05
FIRST CITIZENS BANK CBO 05
Zoning & alternative use
SC · Kinston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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