Listing Agency: SVN Efird Commercial Real Esta j***@svn.com Show Phone

Listed By: James Efird · License #318210 Show Phone

Source: Moodyscre

Added: Apr 14, 2022 Changed: Aug 8 Last Checked: Jul 16 at 4:49AM

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Investment Insights

Based on property information with market context.

This 32-acre parcel, located on Highway 55 in New Bern, is zoned R-6 and suitable for development. Conceptual plans suggest the acreage can accommodate up to 158 duplex units or 133 single-family lots. The property benefits from access to City of New Bern water and sewer services. Its location is within 5 miles of New Bern's largest employers, presenting a potential build-to-rent community opportunity.

Key Highlights

• Acreage suitable for up to 158 Duplex Units or 133 Single Family lots.
• Zoned R‑6, allowing for diverse development options.
• City of New Bern Water & Sewer access.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Electrical Service Storage Facility Pharmacy Garden Center

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

24

Businesses Nearby

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Frequently Asked Questions

What type of property is this?

Land - 32-acre parcel suitable for residential development in New Bern.

Where is this land located?

The property is located at 870 W NC 55 Hwy New Bern, NC.

What is the asking price?

The asking price for this property is $1,690,000.

What are key features of this property?

This property features: Acreage suitable for up to 158 Duplex Units or 133 Single Family lots.; Zoned R‑6, allowing for diverse development options.; City of New Bern Water & Sewer access.