Property profile

0 4.8 Acres Racetrack Rd New Bern, NC 28562

OFF-MARKET
Warehouses
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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

Location

4.8 Acres Racetrack Rd New Bern, NC 28562
New Bern metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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