> I would like to keep software impact minimal.
> Do you have any recommendation on any Kinetic Series which is similar in nature?
Those statements are mutually exclusive. Kinetis uses a little-endian ARM CPU. Your existing code runs on a big-endian Coldfire chip. If you want "minimal software impact" then you'll want to run on a big-endian CPU. That means another (newer) ColdFire or perhaps a Power chip. Except that has different register sets, interrupt control and everything else.
Of course if your code is written to run on a proper Operating System, then getting it running on a different chip that that OS supports should just be a matter of recompiling. I'm assuming you're not that lucky.
If you're changing the code to run on an ARM core, then the peripherals will be the least of your worries.
Almost every chip (Kinetis or Coldfire) has Ethernet and two UARTs like the MCF5272 does.
You're using such an old chip, there's nothing published that will tell you the "nearest chip". You'll have to do the selection work yourself. But that shouldn't take you more than an hour at the most.
So how long do you want the next design to last for? Jumping to ARM will be a lot harder, but should give you a longer life (and an easier jump to another ARM micro next time). Otherwise I'd suggest you pick another Coldfire chip.
So the next things are how fast does it have to be (MCF5272 is 66MHz)? How much RAM (only 4k on MCF5272)? Are you using external RAM? How much? What's the external Flash? You might be able to pick a newer chip that has enough RAM or FLASH internally, making the design simpler and cheaper.
Another possible consideration (more of a diversion) is to try to find a parts with similar or identical UARTs and Ethernet. That would be difficult as the MCF5272 uses UARTs 'Based on MC68681 DUART. That's not likely to have been used in something newer. But all UARTs are basically the same, and it shouldn't take more than a few hours to convert the friver code from one sort of UART to another one. Porting an Ethernet driver is a bit harder. Freescale have used a few different Ethernet cores in their chips. To find out if you've got a match (between the MCF5272 and whatever chip you're considering) just compare FEC register names between the Reference Manuals. The quick shortcut is to look for a register with a weird name (like "ETDSR") and type that into the Search Field on this site. That will list the Reference Manuals with the same registers. I get 528x, 521x, 5272 (surprise!), 52235 and some MCP chips.
You should start at the "Longevity" link in my last post. You'll get 15 years from 2007 for the 532c, 537x and 5251. Most of the MCF51 series gets you 10 and 15 years from 2012. At least keep that page open to annotate the ones that have the peripherals and memory you need.
To find which chips have the peripherals and memory you want, you can try to use the product pages, but I wouldn't recommend that. I'd suggest you download this:
http://cache.nxp.com/files/microcontrollers/doc/brochure/BRCOLDFIRESUM.pdf?fsrch=1&sr=1&pageNum=1
MCF51CN128: Ethernet and 3 SCI (UART). Also 24k RAM and 128k Flash. But only 10 years from 2009.
MCF5223x, MCF5225x: Ethernet and 3 UARTs. Also 32k-64k RAM and 128k-512k Flash. But 10 years from 2007.
Not looking good. The ones with long life don't have Ethernet (MCF5251), and the ones with Ethernet don't have a long life. The only exception to that seems to be the MCF5441x which has 15 years from 2010. Except that one runs at 250MHz, has two Ethernet ports, *TEN* UARTs, is in a 256 pad BGA and runs DDR2 memory. Probably a bit more powerful , expensive and hard to "load and feed" than you need.
So your best bet is the MCF5225x, but that's only guaranteed until November 2018. That's better than what you have, and it isn't listed as "not recommended for new designs" yet. It may also have the same Ethernet as your current one, or at least close enough to make the software easy.
Tom