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New Bern Land Opportunity
For Sale
$5,400,000

Dr Mlk Jr Boulevard, New Bern, NC 28562

Land, New Bern, NC

Property SizeContact for details
Lot Size90.00 Acres
Days on Market119

Property Features for Dr Mlk Jr Boulevard

General Information

Property type Land
Property subtype Other
Zoning R-6
Subdivision Not In Subdivision
Elementary school A. H. Bangert
High school New Bern
Directions Dr MLK Jr Blvd 1 mile past Harris Teeter shopping center and turn right onto Academic Drive (2nd Entrance to NBH) & then left onto Tomlinson Blvd. Gate to property at end of Tomlinson.
Standard status Active
APN 8-211-005
Lot size 90.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Raines Land Trent Rd
Legal Description Raines Land Trent Rd

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: CENTURY 21 ZAYTOUN RAINES · Century 21 Real Estate
Listed By: MICHAEL RAINES · License #217510
Added: May 7 Changed: Aug 19 Last Checked: Sep 2 at 12:06AM
MLS# 100572114

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 90-acre parcel of land, zoned R-6 within the city's extraterritorial jurisdiction, is suitable for high-density single and multifamily development. City of New Bern water and sewer services are available on-site. The property benefits from numerous existing access points, with the main access off MLK/Hwy 17 Business, which can be constructed by a developer near an existing billboard or will be built by adjacent multifamily or commercial developments. Located between New Bern High School and the New Hwy 43 Connector, it offers convenient access to Hwy 70 and is approximately one mile from the Harris Teeter shopping center. Preliminary wetland studies indicate no wetlands on the 90 acres. A clean Phase 1 environmental assessment, PJD, and traffic study are available. The acreage is approximate, and the buyer will need a new survey. The 90 acres are part of a larger 150-acre parcel designated for single-family, multifamily, and commercial use. Purchase in multiple take downs is possible. The seller will make no improvements.

Key Highlights

  • 90 acres zoned R‑6 allowing high‑density single and multifamily development.
  • City of New Bern water and sewer available on‑site.
  • Located between New Bern High & New Hwy 43 Connector near Hwy 70 and Harris Teeter.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 28562, NC

39,375
Population
18,812
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
93%
High-School Grad
151.7 sq mi
ZIP Area
260
Density / Sq Mi
$74,620
Median Household Income
$40,215
Median Earnings
$1,131
Median Rent
$246,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 90 acres of land suitable for high-density development.
Where is this residential land & home lot located?
The property is located at Dr Mlk Jr Boulevard New Bern, NC.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: 90 acres zoned R‑6 allowing high‑density single and multifamily development.; City of New Bern water and sewer available on‑site.; Located between New Bern High & New Hwy 43 Connector near Hwy 70 and Harris Teeter.
More about this property
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