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Prime Development Land Opportunity
For Sale
$500,000

Tract 3 M L King Jr Boulevard, New Bern, NC 28562

Land, New Bern, NC

Property SizeContact for details
Lot Size3.06 Acres
Days on Market1138

Property Features for Tract 3 M L King Jr Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-3 & R-15
Subdivision Not In Subdivision
Lot features Corner Lot
Elementary school Ben Quinn
Middle school H. J. MacDonald
High school New Bern
Directions 4200 block of US Hwy 17 S New Bern, NC 28562 From Trent Road, turn left onto US 17 BUS. Go 3 stoplights and property will be on the left.
Standard status Active
APN 8-206 -3002
Lot size 3.06 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description TRACT 3 SURVEY FOR WILLIAM F WARD JR TESTAMENTARY TRUST
Legal Description TRACT 3 SURVEY FOR WILLIAM F WARD JR TESTAMENTARY TRUST

Utilities

Utilities Water Available
Water source Public
Listing Agency: CCA Real Estate
Listed By: Curtis Gatlin · License #320136
Added: Sep 19, 2023 Changed: Oct 20 Last Checked: Oct 30 at 1:06PM
MLS# 100405651

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.

Rey
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Investment Insights

Based on property information with market context.

This 3.06-acre commercial land is located in New Bern, North Carolina. Zoned C-3 Commercial District and R-15, the property offers an outstanding commercial and high-density residential development opportunity. The site benefits from city water and sewer services. It experiences an annual average daily traffic count of 18,000 vehicles on US Hwy 17.

Key Highlights

  • Prime development land with commercial (C‑3) and high‑density residential (R‑15) zoning.
  • High traffic location: 18,000 vehicles daily on US Hwy 17.
  • New Bern City water and sewer available.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

140
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for sale in New Bern, North Carolina.
Where is this commercial land located?
The property is located at Tract 3 M L King Jr Boulevard New Bern, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime development land with commercial (C‑3) and high‑density residential (R‑15) zoning.; High traffic location: 18,000 vehicles daily on US Hwy 17.; New Bern City water and sewer available.
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