Listing Agency: Coldwell Banker Sea Coast Advantage New Bern

Listed By: Linda Holland · License #NC

Source: Crexi

Added: Apr 12 Changed: Aug 13 Last Checked: Aug 31 at 12:45PM

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Investment Insights

Based on property information with market context.

The property is an existing motel site that is being offered for land value only. The motel will need to be torn down due to new FEMA and fire code requirements, and a demolition permit will be required.

The property has tested positive for asbestos, and asbestos abatement will be required as part of the demolition process per Jones County. Prospective parties should plan accordingly for permitting and environmental abatement prior to demolition activities.

Key Highlights

• Existing motel structure offered at land value only.
• Property will require demolition due to new FEMA and fire codes; a demolition permit will be required.
• Property tested positive for asbestos; asbestos abatement is required as part of the demolition process per Jones County.

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Auto Repair Shop HVAC Service Electrical Service Big Box & Wholesale Store Storage Facility Catering 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

113

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 28573, NC

2,013

Population

940

Households

2.1

Avg Household Size

50

Median Age

21%

College-Educated

84%

High-School Grad

103.5 sq mi

ZIP Area

19

Density / Sq Mi

$57,188

Median Household Income

$35,093

Median Earnings

$693

Median Rent

$152,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Motel - Existing motel structure requires demolition and includes asbestos testing with abatement planned for the process.

Where is this motel located?

The property is located at 136 Pollock Street Pollocksville, NC.

What are key features of this property?

This property features: Existing motel structure offered at land value only.; Property will require demolition due to new FEMA and fire codes; a demolition permit will be required.; Property tested positive for asbestos; asbestos abatement is required as part of the demolition process per Jones County.