3156 Dr New Bern, NC 28562
This exceptional 5.2-acre commercial land parcel presents a unique investment opportunity in the thriving city of New Bern, North Carolina. Located at 3156 Dr. Mlk Jr. Blvd, this property boasts a highly desirable C-3 zoning classification, offering a wide range of development possibilities for businesses seeking a prominent location. The single-tenant designation provides flexibility for a variety of uses, allowing for customized development to meet specific business needs. The expansive lot size provides ample space for construction, parking, and potential future expansion. Situated in Craven County, this property benefits from convenient access to major transportation routes and a robust local economy. The address is 3156 Dr. Mlk Jr. Blvd, New Bern, NC 28562. With its strategic location and versatile zoning, this property is ideally suited for entrepreneurs and businesses seeking a high-visibility site in a growing community. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for new construction. This presents a blank canvas for a custom-designed commercial building tailored to the specific requirements of the future tenant. Serious inquiries are encouraged to explore the potential of this prime commercial land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.