0 4.8 Acres Racetrack Rd, New Bern, NC 28562
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.