870 Nc-55 New Bern, NC 28562
- Land
- 32.62 lot acres
Current Use by Public Records
- Land
Property Details for 870 Nc-55
- Lot size
- 32.62 lot acres
- Property type
- Land
Description
This exceptional 32.62-acre parcel presents a remarkable opportunity for residential development in the thriving New Bern, North Carolina market. Located at 870 NC-55, Craven County, zip code 28562 (35.151901, -77.123354), this property is zoned R-6, allowing for significant density. Conceptual plans suggest the potential for up to 158 residential units, making it ideal for a build-for-rent community or a large-scale residential project. The land is conveniently situated within five miles of New Bern's largest employers, offering residents easy access to employment opportunities. Furthermore, its proximity to key infrastructure is a significant advantage. It's just six miles from the vibrant downtown New Bern area, three miles from Highway 70 (future Interstate 42), and three miles from the Craven County Industrial Park. Recreational amenities are also nearby, with Martin Marietta Recreational Park located only 3.5 miles away. Water and sewer services are readily available, streamlining the development process. New Bern boasts a strong population growth trend, making this a highly attractive investment prospect. The asking price for this prime development land is $865,000.
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
- -77.1234
- Latitude
- 35.1519
