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

    3156 Dr New Bern, NC 28562

    Sponsored
    For Sale
    Contact for pricing

    5.2 Acres, C-3 Zoning, Hwy 70 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.2-acre commercial land parcel presents a unique investment opportunity in New Bern, North Carolina. Strategically located at 3156 Dr. Mlk Jr. Blvd, this property boasts unparalleled visibility from Highway 70, a major thoroughfare slated for future I-42 expansion, ensuring high traffic volume and significant exposure for any business. The property is conveniently adjacent to the Twin Rivers Mall (former K-Mart location), providing immediate proximity to existing retail and consumer traffic. Zoned C-3, this versatile land allows for a wide range of commercial uses, including office, retail, and even residential developments, subject to local regulations. There are no restrictions on the type of business that can be established, offering considerable flexibility to prospective buyers. While on-site water retention is a requirement, this presents an opportunity for creative landscaping and site design. The property's size and location make it ideal for various ventures, such as recreational facilities, medical offices, car or boat sales dealerships, or public service buildings. This is a rare chance to acquire a substantial commercial tract in a thriving area with excellent access and high visibility. The property's address is 3156 Dr. Mlk Jr. Blvd, New Bern, NC 28562, in Craven County.

    Property Features for 3156 Dr

    General Information

    Property type
    Land
    Lot Size
    226,512 SF

    HighLights

    • 5.2‑acre commercial lot adjacent to Twin Rivers Mall (former K‑Mart).
    • High visibility from Hwy 70, slated for I‑42 expansion.
    • C‑3 zoning allows office, retail, and residential uses.
    • No business use restrictions.
    • On‑site water retention required.
    • Suitable for recreational, medical, automotive, or 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

    Nearby Similar for Sale

    • $250,000
      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
    • $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
    • $370,000
      1,578 SF

      New Construction Duplex Near Hospital

      New construction duplex near hospital, estimated $3000 monthly income.
      1612 Lincoln St, New Bern, NC 28560
      View Details
    • $647,500
      5,030 SF

      Restored Historic New Bern Duplex

      Elegantly restored duplex, income potential, suitable for short-term rentals.
      1222 National Ave, New Bern, NC 28560
      View Details
    • Contact for pricing
      1,625 SF

      New Bern Office Space For Sale

      Professional office space in established New Bern corridor, available May 2025.
      2920 Trent Rd, New Bern, NC 28562
      View Details
    • $475,000

      River Bend Office For Sale

      Prime office building in River Bend, North Carolina.
      44 Shoreline Dr, New Bern, NC 28562
      View Details
    • Contact for pricing

      Versatile Commercial Space in New Bern

      3,500 SF commercial space with open floorplan and retail storefront.
      120 Market St, New Bern, NC 28560
      View Details
    • $1,500,000

      Retail Property Near Major Retailers

      Retail property with high visibility and accessibility near major retailers.
      2612 Trent Rd, New Bern, NC 28562
      View Details
    • $917,700
      9,014 SF

      Freestanding Dollar General in New Bern

      Single tenant Dollar General with investment grade credit rating.
      455 Pirates Rd, New Bern, NC 28562
      View Details
    • Contact for pricing

      High-Visibility End-Cap Unit

      3,600 SF retail space in high-traffic New Bern location.
      3918 Doctor Martin Luther King Junior Blvd, New Bern, NC 28562
      View Details

    FAQs

    What type of property is this?
    Land - 5.2 Acres, C-3 Zoning, Hwy 70 Visibility
    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: 5.2-acre commercial lot adjacent to Twin Rivers Mall (former K-Mart).; High visibility from Hwy 70, slated for I-42 expansion.; C-3 zoning allows office, retail, and residential uses.
    Request Owner's contact information
    3156 Dr New Bern, NC 28562
    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.
    3156 Dr
    New Bern, NC 28562
    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
    3156 Dr New Bern, NC 28562
    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.