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    Warehouses

    0 4.8 Acres Racetrack Rd, New Bern, NC 28562

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    Property summary
    AI-generated overview

    This exceptional 4.8-acre property presents a unique investment opportunity in New Bern, North Carolina. Located on Racetrack Road, this land boasts significant road frontage of 210 feet, offering excellent visibility and accessibility. The property is zoned R-10A, providing flexibility for a variety of commercial or industrial uses. Currently undeveloped, this expansive lot presents a blank canvas for a new construction project tailored to specific business needs. The site's location in Craven County, near New Bern, offers access to a growing community and established infrastructure. With its substantial size and prime location, this property is ideal for developers seeking a strategic location for a new warehouse, commercial building, or other industrial venture. The absence of existing structures allows for complete design control and customization, maximizing the potential return on investment. This is a rare opportunity to acquire a large parcel of land in a desirable location with significant development potential. The property's address is 4.8 Acres Racetrack Road, New Bern, NC 28562. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Warehouses
    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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