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    Old Pollocksville Rd New Bern, NC 28562

    Sponsored
    For Sale
    $760,000

    3.8-Acre Commercial/Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.8-acre parcel, designated Lot #3 of the River Bend Town Center, presents a unique investment opportunity in Craven County, North Carolina. Located at the corner of Shoreline Drive and Old Brick Road, this property boasts a prime location at the entrance to the incorporated Town of River Bend, just two miles south of New Bern off US Highway 17 – a four-lane divided highway with a stoplight at the entrance. The lot is zoned BD (Business District), allowing for a variety of commercial uses, and also benefits from the flexibility of permitted residential development. This strategic location offers excellent visibility and accessibility. River Bend provides a thriving community with municipal water and sewer services, police and fire departments, a marina, and other established retail businesses. The property's 3.8-acre size (per Craven County Tax Records) offers ample space for development, making it ideal for a range of projects, including medical facilities, retail establishments, senior living, or planned residential communities. The site is part of a larger development, River Bend Town Center, comprising four separate lots. Water and sewer are readily available. The property's APN is 8-206-4001 and is offered as a fee simple ownership. This is a rare opportunity to acquire a strategically located parcel in a growing community. Asking price is $760,000.

    Property Features for 0 Old Pollocksville Rd

    General Information

    Property type
    Residential income properties
    Lot Size
    165,528 SF

    HighLights

    • $760,000 asking price for a 3.8‑acre land parcel.
    • Located in New Bern, NC, Craven County, at the entrance to the incorporated Town of River Bend.
    • Zoned for commercial and residential use (BD & PDR‑SF).
    • Municipal water and sewer available.
    • High‑traffic location, 2 miles south of New Bern off US Hwy 17, a four‑lane divided highway with a stoplight at the entrance.
    • River Bend offers municipal services including water, sewer, police, fire, and a marina.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.160676
    Latitude
    35.0783955

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    FAQs

    What type of property is this?
    Residential income property - 3.8-Acre Commercial/Residential Land
    Where is this residential income property located?
    The property is located at Old Pollocksville Rd New Bern, NC.
    What is the asking price?
    The asking price for this property is $760,000.
    What are key features of this property?
    This property features: $760,000 asking price for a 3.8-acre land parcel.; Located in New Bern, NC, Craven County, at the entrance to the incorporated Town of River Bend.; Zoned for commercial and residential use (BD & PDR-SF).
    Request Owner's contact information
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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
    Old Pollocksville Rd New Bern, NC 28562
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