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    6720 Nc-55 New Bern, NC 28560

    Sponsored
    For Sale
    $225,000

    Prime 2-acre lot, Hwy 55 frontage, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2.07-acre commercial land parcel presents a unique investment opportunity in New Bern, North Carolina. Strategically located on Highway 55, this property boasts impressive visibility with an average annual daily traffic count of 13,500 vehicles. The site offers 230 feet of highway frontage, ensuring maximum exposure for any commercial development. Utilities are readily available, including water and sewer connections, simplifying the development process. The property is zoned for both commercial and residential uses under Pamlico County zoning regulations, providing flexibility for a wide range of potential projects. This versatile location, combined with its high traffic count and convenient access to infrastructure, makes it an ideal site for businesses seeking high visibility and strong potential for growth. The asking price is $225,000. Don't miss this chance to acquire a highly desirable commercial property in a thriving area. The address is 6720 NC-55, New Bern, NC 28560.

    Property Features for 6720 Nc-55

    General Information

    Property type
    Land
    Lot Size
    90,169 SF

    HighLights

    • 13,500 Average Annual Daily Traffic (AADT)
    • Water and sewer utilities available
    • Mixed‑use (Commercial and Residential) zoning
    • 230 feet of highway frontage
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Bern
    County
    Pamlico
    State
    North Carolina
    Longitude
    -76.9115379
    Latitude
    35.132717

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    FAQs

    What type of property is this?
    Land - Prime 2-acre lot, Hwy 55 frontage, high traffic.
    Where is this land located?
    The property is located at 6720 Nc-55 New Bern, NC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 13,500 Average Annual Daily Traffic (AADT); Water and sewer utilities available; Mixed-use (Commercial and Residential) zoning
    (252) 670-9590
    Request Owner's contact information
    6720 Nc-55 New Bern, NC 28560
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    New Bern, NC 28560
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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
    6720 Nc-55 New Bern, NC 28560
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