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Storefront with Display Windows
For Sale
$150,000
Pending

1002 Pollock Street, New Bern, NC 28562

Commercial Sale, New Bern, NC

Property Size638 SF
Lot Size0.50 Acres
Days on Market375

Property Features for 1002 Pollock Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning COMMERCIAL - MU
Subdivision Not In Subdivision
Lot features Corner Lot
Directions merge onto US-17/US-70 E Take the exit toward Trent Woods/Pembroke Rd Turn left onto NC-55 W Turn right onto Queen St Slight right onto Pollock St Destination will be on the left
Standard status Pending
APN 8-008 -196
Size 638 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description POLLOCK ST
Tax Annual Amount 1615
Legal Description POLLOCK ST

Utilities

Utilities Water Available
Heating system Electric (Heating), Forced Air
Cooling system Central Air

Amenities

handicap-accessible half bath
business-grade Wi-Fi
smart building capabilities

Building Details

Year built 2026
Building materials Wood Frame
Roof type Metal
Listing Agency: Brick + Willow LLC
Listed By: Brad Pino · License #265728
Added: Sep 26, 2025 Changed: Aug 19 Last Checked: Oct 5 at 6:06PM
MLS# 100533044

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 under-construction storefront property is planned for completion in 2026 and offers 638 square feet of commercial space. The layout includes modern finishes, a glass entry door, large display windows, and 9-foot ceilings. A handicap-accessible half bath, business-grade Wi-Fi, and central air support day-to-day operations, while forced-air electric heating provides climate control. The space can be expanded through adjoining garage space, subject to the stated configuration.

Located at 1002 Pollock Street at the corner of Princess and Pollock Streets in New Bern, the property is near historic downtown shopping, restaurants, and small businesses. Kings Domain is a mixed-use development with smart-building capabilities and an optional elevator. The property carries COMMERCIAL - MU zoning, with water available and flexible parking options identified in the property information.

Key Highlights

  • 638 square feet of commercial storefront space
  • Expandable configuration with adjoining garage space
  • 9‑foot ceilings, glass entry door, and large display windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,605
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,100 $252.1K
Cap Rate 7%
$180,071 $180.1K
Cap Rate 9%
$140,056 $140.1K
Market Conditions
NOI Build-Up for 638 SF
Gross rent
$19.2K $30.12/SF
− Vacancy
−$1.2K −$1.89/SF
EGI
$18.0K $28.23/SF
− OpEx
−$5.4K −$8.47/SF
NOI
$12.6K $19.76/SF
Area
Craven County, NC
Vacancy
6.29%
Lease Rate
$30.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,100
Cap Rate 7%
$180,071
Cap Rate 9%
$140,056

Alternative Uses

Best Use
Retail
$180.1K
$157.6K – $210.1K (±1% cap)
NOI $12,605 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$210.3K
$184.1K – $245.4K (±1% cap)
NOI $14,724 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Parts Store Electrical Service HVAC Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Tildy Floral Designs — 228 Craven St, New Bern, NC 28560
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  • Moss — 413 Broad St Suite B, New Bern, NC 28560

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial MU-zoned space with modern finishes, accessible facilities, and flexible use potential in a mixed-use development.
Where is this storefront property located?
The property is located at 1002 Pollock Street New Bern, NC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 638 square feet of commercial storefront space; Expandable configuration with adjoining garage space; 9‑foot ceilings, glass entry door, and large display windows
More about this property
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