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    2662 M L King Jr New Bern, NC

    For Lease
    Contact for pricing

    Retail spaces available, ranging from 2,000 to 22,700 square feet.

    Property size:
    2,000 SF
    Lot size:
    18.24 Acres

    Property Features for 2662 M L King Jr

    General Information

    Size
    2,000 SF
    Lot size
    18.24 Acres

    Source: CBRE | Raleigh Agent Charlie Coyne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Spaces Available For Rent

    Retail spaces are available for rent, ranging in size from 2,000 square feet to 22,700 square feet. The location is a retail destination for shoppers traveling from downtown New Bern. A newly removed tree line has created a new view corridor from Highway 70. Prime anchor tenant or grocery opportunities are available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.0441143
    Latitude
    35.108493

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available, ranging from 2,000 to 22,700 square feet.
    Where is this retail space located?
    The property is located at 2662 M L King Jr New Bern, NC.
    What are key features of this property?
    This property features: - Prime anchor tenant or grocery opportunities available; - Go-to retail destination for shoppers traveling from downtown New Bern; - Newly removed tree line creates new view corridor from Highway 70
    (919) 831-8200
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    2662 M L King Jr New Bern, NC
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    New Bern, NC
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2662 M L King Jr New Bern, NC
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