Tbd Savoy Dr New Bern, NC 28562
- Land
- 98.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tbd Savoy Dr
- Lot size
- 98.40 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 98.4-acre parcel presents a unique investment opportunity in Craven County, North Carolina. Located just off US Highway 70 and the US Highway 43 connector, this largely wooded property offers unparalleled access and visibility. Currently unzoned and outside city limits, this land is ideal for future commercial or residential development, providing significant flexibility for the buyer. The sale includes two parcels, totaling slightly more than 98 acres, and boasts a compelling price per acre of $23,018.29. The property's strategic location benefits from proximity to the burgeoning West New Bern development across US Highway 70. Furthermore, the North Carolina Department of Transportation has plans to extend the US Highway 43 connector to US Highway 17, with the new road situated between these two parcels, promising increased accessibility and value appreciation. The APN is 8-210-23001. This is a rare chance to acquire a substantial tract of land in a rapidly growing area with excellent infrastructure and future development potential. The asking price for this significant land holding is $2,265,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Bern
- County
- Craven
- State
- North Carolina
- Longitude
- -77.1474
- Latitude
- 35.1102
