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Property profile & analytics
OFF-MARKET
Land

3156 Dr New Bern, NC 28562

1 SF 5.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Total area 1 SF
Lot 5.2 ac (226,512 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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