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    OFF-MARKET
    Land

    1390 Mccarthy Blvd, New Bern, NC 28562

    1.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.08-acre commercial lot in New Bern, North Carolina, is offered at $575,000. Located in Craven County, at 1390 McCarthy Blvd, zip code 28562, this property boasts a C-3 zoning designation, ideal for retail or office development. The site benefits from a completed preliminary site layout design, streamlining the development process. Situated in New Bern's newest business district, it enjoys convenient access to amenities and transportation routes. Existing impervious surfaces offer potential cost savings for future construction. Utilities are readily available. Currently, a 1200+ square foot office building is on the site, presenting additional possibilities for redevelopment or repurposing. The property's APN is 8-208-107. This prime location and buildable potential make it a compelling investment opportunity for developers seeking to capitalize on New Bern's thriving commercial market. The property's central location and existing infrastructure significantly reduce development time and costs. This is a rare opportunity to acquire a ready-to-develop commercial lot in a high-growth area.

    Property profile
    Verified
    Property type Land
    Lot 1.08 ac (47,045 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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