850 Hardee RdKinston, NC 28504

Property Details for 850 Hardee Rd

Year built

1969

Lot size

0.42 AC

Property size (Sq ft)

2,104 SF

Zone code

SC

Property type

Banks

APN

451511576272

APU

451511576272

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $749,696

  6.5%

  $692,027

  7%

  $642,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,403,575

  Geo Method

  $1,217,040

• Alternative Use

  Use

  Valuation

  Residential

  $583,750

  Hospitality

  $534,712

  Educational

  $444,874

  Medical

  $460,174

  Retail

  $692,027

Location Insight

City

Kinston

County

Lenoir

State

North Carolina

Latitude

35.2731

Longitude

-77.6072

CBSA code

28820

CBSA name

KINSTON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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