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3305 Carey Rd
Kinston, NC 28504
Land For Sale
·
1.59 AC
Investment Highlights
- 13,000+ VPD on prime corner lot.
- Can be rezoned to support commercial development.
- All major utilities to site!
- Frontage on Carey Rd.
Executive Summary
This is a great commercial and residential development opportunity on a corner lot. The property is located approximately 2.5 miles away from Vernon Park Mall and Kingston Plaza.
Frontage on both Rouse and Carey Roads give this lot great visibility.
Natural Gas, Electricity, phone lines, and city water and sewer to site.
The average income for Kinston is $56,000-58,000 per house hold. The property's five mile population radius is 31,000, while the three mile radius is 17,000. The city of Kinston has a total population of 19,000.
Corner of the 4 way street
12,800 cars per day pass one way and 8,000 cars per day pass the other way.
The city will be putting in a new road that connects from this intersection to the next, about 2 miles, 4 lanes. It will be a major artery.
Ditches on each side for drainage
Good neighborhood.
Frontage on both Rouse and Carey Roads give this lot great visibility.
Natural Gas, Electricity, phone lines, and city water and sewer to site.
The average income for Kinston is $56,000-58,000 per house hold. The property's five mile population radius is 31,000, while the three mile radius is 17,000. The city of Kinston has a total population of 19,000.
Corner of the 4 way street
12,800 cars per day pass one way and 8,000 cars per day pass the other way.
The city will be putting in a new road that connects from this intersection to the next, about 2 miles, 4 lanes. It will be a major artery.
Ditches on each side for drainage
Good neighborhood.
Property Facts
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.59 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Downtown Business - Used for Multifamily | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.59 AC |
| Opportunity Zone |
Yes |
| Zoning | Downtown Business - Used for Multifamily |
1 Lot Available
Lot
| Price | $704,240 CAD | Lot Size | 1.59 AC |
| Price Per AC | $442,918.25 CAD |
| Price | $704,240 CAD |
| Price Per AC | $442,918.25 CAD |
| Lot Size | 1.59 AC |
corner piece of property is 1.5 acres and can be sold $900, 000 12,000 cars a day On the corner of Cary and Rouse street. New road extension set to open 2023. This is the only property located on the crossroads.
Description
Highest and Best Use for property would be for a retail shopping center with a rear apartment complex.
Property Taxes
| Parcel Number | 451610365260 | Improvements Assessment | $116,349 CAD |
| Land Assessment | $30,341 CAD | Total Assessment | $146,690 CAD |
Property Taxes
Parcel Number
451610365260
Land Assessment
$30,341 CAD
Improvements Assessment
$116,349 CAD
Total Assessment
$146,690 CAD
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