103 S Julius Monk Mhp Lane, Kenansville, NC 28349
$2,250,000
Property Type:
Land
Lot Size (sq. ft.):
1,998,533
Status:
Active
Current Price:
$2,250,000
List Date:
3/26/2025
Last Modified:
3/26/2025
Description
Prime 45.88-Acre Commercial Land with Exceptional Road Frontage in Kenansville, NC
*Owners will subdivide*
Unlock the potential of this 45.88-acre tract strategically located just outside the town limits of Kenansville, NC. Boasting over 4,000 feet of road frontage on three sides, this property offers unmatched visibility and high traffic exposure, making it an ideal investment for commercial development.
Situated at a lighted intersection, this property ensures easy accessibility and prime positioning for retail centers, office complexes, or industrial ventures. Additionally, the site benefits from proximity to key community hubs, including: James Sprunt Community College, NC Department of Transportation station, Kenansville Events Center, Various public offices.
With road frontage on the Kenansville Bypass and close proximity to I-40, this location sees a steady flow of traffic, further enhancing its commercial viability. Whether you envision a shopping center, mixed-use development, or corporate headquarters, this property offers the perfect foundation for success.
Don't miss this rare opportunity! Contact us today for more details or to schedule a tour.
More Information MLS# 100496874
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-03-26
Sub-Type: Industrial
Listing Price: 2250000
Current Price: $2,250,000
List Price/Acre: 49040.98
Stipulation of Sale: Standard
Location Information
Street #: 103
Pre Direction: S
Street Name: Julius Monk Mhp
Street Suffix: Lane
County: Duplin
State/Province: NC
Zip Code: 28349
City Limits: No
Marketing City: Kenansville
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.9358
Geo Lon: -77.978909
Remarks and Showing
Directions to Property: From the I-40 Kenansville/Magnolia exit go East toward Kenansville. Continue 3 miles until you get to the stoplight. Turn left and the property will be immediately on the right.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 45.88
Acres - Cleared: 22.61
Acres - Wooded: 23.27
Lot SqFt: 1998533
Deed Restriction: No
Total Road Frontage: 4190
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 164600
Deed Book: 1906
Deed Page: 609
Legal: Located at deed book 1906 page 609 of the Duplin County Registry.
Broker Owner: Yes
PID: 340304641140
Tax Identifier: 131160
Plat Book: none
Plat Page: none
Total Real Estate Property Taxes: 1325.03
Special Assessments: none Known
Tax Year: 2023
Zoning: GC
Cobra Zone: No
Elementary School: Kenansville
High School: James Kenan
Current Service Providers
Internet Service Provider(s): bright speed
Electric Provider: Duke Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: City/Town
Water Provider: City/Town
Property Features
Current Use: Agricultural; Farm; Timber; Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Cleared; Cleared/Partial; Level; Wooded
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Farm; Level; Open Lot; Partially Cleared; Wooded
Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Lot Water Features: None
Terms: 1031 Exchange; Build to Suit; Cash; Conventional; Farm Credit; Federal Land Bank; Lease Purchase; Lease/Purch; Seller Financing; Subordination; Will Divide; Will Lease; FHA; USDA
Listing Office: Draughon Realty & Appraisal
Last Updated: March - 26 - 2025
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