5650 Hwy 17 New Bern, NC 28562
- Land
- 20.64 lot acres
Current Use by Public Records
- Land
Property Details for 5650 Hwy 17
- Lot size
- 20.64 lot acres
- Property type
- Land
Description
This exceptional 20.64-acre parcel presents a unique opportunity for developers seeking prime land in Craven County, North Carolina. Located on US Highway 17 South in New Bern, this unzoned property boasts incredible visibility from the Highway 17 Bypass, ensuring high traffic exposure for any future development. The land is currently cleared and ready for immediate development, offering flexibility for a variety of uses, including commercial and residential projects. While currently unzoned, potential uses are subject to Craven County ordinances, readily accessible online. Key features include access to City of New Bern water and septic tank accessibility. The property enjoys a strategic location, just one mile from the Highway 17 Bypass and one mile from River Bend, providing convenient access to major transportation routes and amenities. With an annual average daily traffic count of 14,000 vehicles on Highway 17, this location offers unparalleled potential for high visibility and strong returns. The asking price is $495,000, translating to $38,592 per acre. This represents a compelling investment opportunity for those seeking to capitalize on the growth and development potential of this thriving area. Detailed zoning information and regulations can be found on the Craven County website.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Bern
- County
- Craven
- State
- North Carolina
- Longitude
- -77.1734
- Latitude
- 35.075
