Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1217 Pasteur St New Bern, NC 28560

    For Sale
    $1,190,000
    Property size:
    16,000 SF
    Added:
    Dec 11, 2024
    Days on Market:
    360

    Property Features for 1217 Pasteur St

    General Information

    Property type
    Schools
    Square Feet
    16,000 SF
    Lot Size
    40,946 SF

    Building Details

    Year Built
    1922
    Buildings
    1
    Stories
    2
    Units
    12

    HighLights

    • Located in New Bern's coveted Riverside Historic District.
    • Potential for tax credit project.
    • Spanish Revival architectural style.
    • One block from Maola at Riverside event venue.
    • Features original brickwork, large windows, and high ceilings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    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
    -77.0470466
    Latitude
    35.1194207

    Nearby Similar for Sale

    • New
      $265,000
      3,219 SF

      New Bern Duplex Investment Opportunity

      Well-maintained duplex in New Bern with immediate income potential.
      700 2Nd Ave, New Bern, NC 28560
      View Details
    • $210,000
      1,075 SF

      Two Residential Properties in New Bern

      Two properties with potential for expansion, renovation, or investment.
      517 Ruth Ave, New Bern, NC 28560
      View Details
    • $145,000
      2,240 SF

      New Bern Duplex For Sale

      Duplex near historic downtown New Bern with income potential.
      916 Cedar St, New Bern, NC 28560
      View Details
    • New
      $1,500,000
      7.17 Acres

      Industrial Land on Neuse Boulevard

      7+ acre industrial-zoned land suitable for flex/warehouse or self-storage.
      3101 Neuse Blvd, New Bern, NC 28560
      View Details
    • $175,000
      0.08 Acres

      Land in Historic Downtown New Bern

      Land for new home construction near Neuse River.
      805 E Front St, New Bern, NC 28560
      View Details
    • $335,000
      15.20 Acres

      Cleared Land with Income Potential

      5 acres cleared, graveled land suitable for commercial use.
      680 Half Moon Rd, New Bern, NC 28560
      View Details

    FAQs

    Where is this school located?
    The property is located at 1217 Pasteur St New Bern, NC.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: Located in New Bern's coveted Riverside Historic District.; Potential for tax credit project.; Spanish Revival architectural style.
    Request Owner's contact information
    1217 Pasteur St New Bern, NC 28560
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1217 Pasteur St
    New Bern, NC 28560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1217 Pasteur St New Bern, NC 28560
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.