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    2061-2065 S Glenburnie Rd New Bern, NC 28562

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    For Lease
    Contact for pricing

    Retail spaces available in high-traffic New Bern corridor.

    Property size:
    6,427 SF
    Lot size:
    9.34 Acres

    Property Features for 2061-2065 S Glenburnie Rd

    General Information

    Size
    6,427 SF
    Lot size
    9.34 Acres

    Source: Foundry Commercial | Raleigh Agent James Mattox

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

    Overview

    Retail Space in Prime Location

    This property offers a great opportunity in the prime retail corridor of New Bern and surrounding areas. It features an anchor space of approximately 55,854 square feet, along with shop spaces ranging from approximately 1,465 to 8,600 square feet. The location benefits from high traffic volume, with 26,500 vehicles per day on Dr. M.L.K. Boulevard and 18,000 vehicles per day on South Glenburnie Road. The property is surrounded by strong residential communities, including Trent Woods, Riverbend, and Emerald Golf Club, and offers regional access via NC 70 and NC 17. The property is located near national and regional retail tenants such as Target, Walmart, TJ Maxx, Ross, Hobby Lobby, HomeGoods, Academy Sports, PetSmart, Publix, and Harris Teeter.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    New Bern Mall, Rivertowne Square, Coinstar Kiosk | Bitcoin ATM, Mccarthy Crossing, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.0977489
    Latitude
    35.1002757

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in high-traffic New Bern corridor.
    Where is this shopping center located?
    The property is located at 2061-2065 S Glenburnie Rd New Bern, NC.
    What are key features of this property?
    This property features: - Prime retail corridor location in New Bern.; - High traffic volume: **26,500 VPD on Dr. M.L.K. Boulevard** and 18,000 VPD on South Glenburnie Road.; - Anchor space (±55,854 SF) and shop spaces (±1,465 SF – 8,600 SF) available.
    (919) 602-8324
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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
    2061-2065 S Glenburnie Rd New Bern, NC 28562
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