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    3156 Dr New Bern, NC 28562

    Sponsored
    For Lease
    Contact for pricing

    5.2 Acres, C-3 Zoning, Single Tenant

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.2-acre commercial land parcel presents a unique investment opportunity in the thriving city of New Bern, North Carolina. Located at 3156 Dr. Mlk Jr. Blvd, this property boasts a highly desirable C-3 zoning classification, offering a wide range of development possibilities for businesses seeking a prominent location. The single-tenant designation provides flexibility for a variety of uses, allowing for customized development to meet specific business needs. The expansive lot size provides ample space for construction, parking, and potential future expansion. Situated in Craven County, this property benefits from convenient access to major transportation routes and a robust local economy. The address is 3156 Dr. Mlk Jr. Blvd, New Bern, NC 28562. With its strategic location and versatile zoning, this property is ideally suited for entrepreneurs and businesses seeking a high-visibility site in a growing community. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for new construction. This presents a blank canvas for a custom-designed commercial building tailored to the specific requirements of the future tenant. Serious inquiries are encouraged to explore the potential of this prime commercial land offering.

    Property Features for 3156 Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available
    Size
    0 SF

    HighLights

    • High‑traffic location adjacent to Twin Rivers Mall (former K‑Mart).
    • Excellent visibility from Hwy. 70 (future I‑42).
    • C‑3 zoning allows for office, retail, and residential uses.
    • Unrestricted use permitted.
    • On‑site water retention required.
    • Ideal for recreational, medical, automotive, and public service uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.0889949
    Latitude
    35.1024223

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    FAQs

    What type of property is this?
    Land - 5.2 Acres, C-3 Zoning, Single Tenant
    Where is this land located?
    The property is located at 3156 Dr New Bern, NC.
    What are key features of this property?
    This property features: High-traffic location adjacent to Twin Rivers Mall (former K-Mart).; Excellent visibility from Hwy. 70 (future I-42).; C-3 zoning allows for office, retail, and residential uses.
    Request Owner's contact information
    3156 Dr New Bern, NC 28562
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    New Bern, NC 28562
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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
    3156 Dr New Bern, NC 28562
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