1209 W New Bern Rd
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1209 W New Bern Rd
4.99 Acres of Commercial Land Offered at $300,000 in Kinston, NC 28504
Investment Highlights
- Good Visibility on Future Interstate 42
- Centrally located in eastern NC
- 30,000 Vehicles Per Day
Executive Summary
This five acre property is located in a prime location on Hwy 70 (Future Interstate 42). Plenty of area for a new building with a large lay down yard. Zoned B-1 for general commercial uses. Highly visible with 30,000 VPD using the highway.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $300,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.99 AC |
| Property Type | Land | Cross Streets | State Hwy 11 |
| Price | $300,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.99 AC |
| Cross Streets | State Hwy 11 |
1 Lot Available
Lot
| Price | $300,000 | Lot Size | 4.99 AC |
| Price Per AC | $60,124 |
| Price | $300,000 |
| Price Per AC | $60,124 |
| Lot Size | 4.99 AC |
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PROPERTY TAXES
| Parcel Number | 451504616427 | Total Assessment | $327,000 (2024) |
| Land Assessment | $325,000 (2024) | Annual Taxes | ($1) |
| Improvements Assessment | $2,000 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
451504616427
Land Assessment
$325,000 (2024)
Improvements Assessment
$2,000 (2024)
Total Assessment
$327,000 (2024)
Annual Taxes
($1)
Tax Year
2022
zoning
| Zoning Code | B-1 (Commercial development) |
| B-1 (Commercial development) |
-
David Edwards -
The Overton Group
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1209 W New Bern Rd
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