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Renovated Multi-Unit Flex Property
For Sale
$981,000

3261 New Bern Highway, Jacksonville, NC 28546

Fully leased commercial property with separate utilities, individual HVAC, and varied office, showroom, and warehouse configurations.

Property SizeContact for details
Lot Size0.40 Acres
Days on Market525

Property Features for 3261 New Bern Highway

General Information

Standard status Active
Lot size 0.40 Acres
Property subtype Commercial/Industrial
Zoning Commercial Corridor
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Cap Rate 7.2%
Office Units 3

Taxes and HOA fees

Annual Taxes $1,662

Building Details

Year Built 1977
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Gabriella Riffle-Gonzalez · License #355300
Source: Exitrealty
Added: Mar 25, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This renovated flex property contains three distinct units designed for multi-tenant operations. Unit 100 provides a highway-facing showroom or waiting area, two offices, and two bathrooms. Unit 200 includes a kitchen, bathroom, shower room, and three adaptable rooms suitable for office, conference, or meeting functions. Unit 300 offers warehouse space, a conditioned office, and a bathroom, along with a new standing seam metal roof.

Each unit has separate electrical metering, an individual address, its own mailbox, and dedicated HVAC. The property is fully leased and reports a 7.2% cap rate. Zoned Commercial Corridor, it also includes a 0.4-acre drop lot available for lease. The address is on New Bern Highway in Jacksonville, with reported traffic of 25,500 vehicles per day in 2022. Built in 1977, the property has undergone a comprehensive renovation.

Key Highlights

  • Three‑unit flex property with showroom, office, meeting, and warehouse configurations
  • Fully leased with a reported 7.2% cap rate
  • Separate electrical meters, addresses, mailboxes, and HVAC for each unit

Property Analytics

Current Use

Continental Cap City Storage Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28546, NC

48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Fully leased commercial property with separate utilities, individual HVAC, and varied office, showroom, and warehouse configurations.
Where is this flex space located?
The property is located at 3261 New Bern Highway Jacksonville, NC.
What is the asking price?
The asking price for this property is $981,000.
What are key features of this property?
This property features: Three‑unit flex property with showroom, office, meeting, and warehouse configurations; Fully leased with a reported 7.2% cap rate; Separate electrical meters, addresses, mailboxes, and HVAC for each unit
More about this property
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