Flex Space with Multiple
1831 Clarks Road, New Bern, NC 28562
For Sale
$900,000
Commercial Sale, New Bern, NC
Property Size8,541 SF
Lot Size7.55 Acres
Price / SF$105.37
Days on Market509
Property Features for 1831 Clarks Road
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
beautifully landscaped
carport
storage shed
heated and cooled workshop
kitchen and bathroom
gravel parking lot
heated and cooled offices
bathrooms
warehouse
electricity
large garage rolling doors
multiple entrances
vaulted ceilings
upstairs additional storage
additional sitting room
great room
eat-at island
versatile utility room
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Realty ONE Group East
(252) 933-6225
Listed By:
Danielle Eason · License NC #306717
(252) 665-0127
Added: Jun 20, 2025
Changed: Oct 31
Last Checked: Nov 10 at 12:06PM
MLS# 100514797
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-zoning flex property spans 7.55 acres and combines commercial, storage, workshop, and residential improvements. The primary shop includes four heated and cooled offices, two bathrooms, electricity, multiple entrances, large rolling garage doors, vaulted ceilings, and an upper storage area measuring 990 square feet. A separate 1,301-square-foot workshop has heating, cooling, a kitchen, and a bathroom, while another metal storage building provides 1,641 square feet. The site also includes a residence with three bedrooms, two full bathrooms, a great room, kitchen, utility room, sitting room, fenced front and rear yards, and a carport.
Located outside the city limits at 1831 Clarks Road in New Bern, the property is 2.5 miles from an industrial park and approximately a 10-minute commute from the heart of New Bern. Public water and septic service are in place, with parking provided by paved and gravel areas, off-street spaces, and a garage.
Located outside the city limits at 1831 Clarks Road in New Bern, the property is 2.5 miles from an industrial park and approximately a 10-minute commute from the heart of New Bern. Public water and septic service are in place, with parking provided by paved and gravel areas, off-street spaces, and a garage.
Key Highlights
- 7.55‑acre site with mixed commercial and residential zoning
- Primary shop includes 4 heated and cooled offices, 2 bathrooms, rolling garage doors, and 990 sq ft of upper storage
- 1,301‑square‑foot heated and cooled workshop with kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,296
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,920
$1.3M
Cap Rate 7%
$961,371
$961.4K
Cap Rate 9%
$747,733
$747.7K
Market Conditions
NOI Build-Up for 8,541 SF
Gross rent
$86.1K $10.08/SF
− Vacancy
−$6.9K −$0.81/SF
EGI
$79.2K $9.27/SF
− OpEx
−$11.9K −$1.39/SF
NOI
$67.3K $7.88/SF
Area
Craven County, NC
Vacancy
8.04%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,920
Cap Rate 7%
$961,371
Cap Rate 9%
$747,733
Alternative Uses
Best Use
Retail
$2.41M
$2.11M – $2.81M
NOI $168,752 @ 7.0% cap · market cap 18.75%
Second Best
Office B
$2.21M
$1.93M – $2.58M
NOI $154,567 @ 7.0% cap · market cap 17.17%
Theoretical Best
Office A
$2.82M
$2.46M – $3.29M
NOI $197,116 @ 7.0% cap · market cap 21.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28562, NC
39,375
Population
18,812
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
93%
High-School Grad
151.7 sq mi
ZIP Area
260
Density / Sq Mi
$74,620
Median Household Income
$40,215
Median Earnings
$1,131
Median Rent
$246,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Mixed-zoning commercial property with substantial workshop, office, storage, and residential improvements across a multi-building site.
Where is this flex space located?
The property is located at 1831 Clarks Road New Bern, NC.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 7.55‑acre site with mixed commercial and residential zoning; Primary shop includes 4 heated and cooled offices, 2 bathrooms, rolling garage doors, and 990 sq ft of upper storage; 1,301‑square‑foot heated and cooled workshop with kitchen and bathroom
