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    200 Efird Blvd New Bern, NC 28562

    Sponsored
    For Sale
    $1,400,000

    7-Acre Commercial/Residential Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7-acre development site, identified as Lot #1 of Parcel ID 8-206-113 according to Craven County Tax Records, presents a unique investment opportunity in the thriving River Bend Town Center. Located at 200 Efird Blvd, New Bern, NC 28562, this fee simple property boasts a prime location at the entrance to the incorporated Town of River Bend, offering unparalleled visibility and accessibility. Zoned for both commercial (BD: Business District) and residential (PDR-SF: Planned Development Residential) uses, this versatile land parcel is ideal for a wide range of development projects, including medical facilities, retail spaces, senior living communities, and planned residential developments. The site benefits from readily available municipal water and sewer services, ensuring seamless infrastructure integration. River Bend itself offers a supportive community environment with established police and fire departments, a marina, and other retail businesses. Its strategic location just 2 miles south of New Bern, off US Highway 17 (a four-lane divided highway with a stoplight at the entrance), provides easy access to a larger population base and regional transportation networks. This property represents a rare chance to capitalize on the growth potential of this desirable area. The asking price is $1,400,000.

    Property Features for 200 Efird Blvd

    General Information

    Property type
    Land
    Lot Size
    304,920 SF

    HighLights

    • $1,400,000 asking price.
    • 7‑acre development site in New Bern, NC.
    • Commercial and residential zoning permitted.
    • Fee simple ownership.
    • Located at 200 Efird Blvd, New Bern, NC 28562.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.1519508
    Latitude
    35.0832575

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    FAQs

    What type of property is this?
    Land - 7-Acre Commercial/Residential Development Site
    Where is this land located?
    The property is located at 200 Efird Blvd New Bern, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; 7-acre development site in New Bern, NC.; Commercial and residential zoning permitted.
    Request Owner's contact information
    200 Efird Blvd 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
    200 Efird Blvd New Bern, NC 28562
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