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    3530 Neuse Blvd New Bern, NC 28560

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    For Sale
    $4,100,000

    13.5-acre property zoned for multi-family development in New Bern.

    Lot size:
    13.54 Acres

    Property Features for 3530 Neuse Blvd

    General Information

    Lot size
    13.54 Acres

    Source: Eastern Carolinas Commercial Real Estate Agent John Hinnant

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

    Overview

    Development Opportunity on Neuse Blvd

    Located at 3530 Neuse Blvd in New Bern, North Carolina, this 13.5-acre property presents a development opportunity. The site is zoned for up to 293 multi-family units. Situated along a city lake, the property offers potential for a dynamic residential community. The city plans to construct a 10-foot multiuse path encircling the lake, providing residents with access to walking, biking, and outdoor recreation. This property combines natural beauty, modern connectivity, and urban convenience.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.0963551
    Latitude
    35.1367352

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    FAQs

    What type of property is this?
    Land - 13.5-acre property zoned for multi-family development in New Bern.
    Where is this land located?
    The property is located at 3530 Neuse Blvd New Bern, NC.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: - 13. 5-acre property zoned for up to 293 multi-family units.; - Prime waterfront location on a scenic city lake.; - City plans to construct a 10-foot multiuse path around the lake.
    (910) 619-3430
    Request Owner's contact information
    3530 Neuse Blvd New Bern, NC 28560
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    New Bern, NC 28560
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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
    3530 Neuse Blvd New Bern, NC 28560
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