Current Use by Public Records
- Land
Property Details for 0 Cool Ave
- Lot size
- 0.13 lot acres
- Property type
- Land
Description
This exceptional 0.13-acre commercial land parcel presents a unique investment opportunity in New Bern, North Carolina's vibrant Dryborough Historic District. Located just steps from the Downtown Historic District, this property offers unparalleled access to the area's thriving shops and restaurants. Zoned R-8, the land provides flexibility for a variety of commercial uses, subject to local regulations. The parcel, identified by APN 8-003-100, is relatively flat and largely cleared, simplifying development. While possessing a desirable location, it's important to note that this property is situated within a designated special hazard flood zone. Potential buyers should conduct thorough due diligence regarding flood insurance and relevant building codes. The asking price is $25,000, translating to approximately $192,307.69 per acre, reflecting the premium location within this historic and walkable neighborhood. This property's proximity to downtown amenities and its R-8 zoning make it an attractive prospect for developers seeking a prime location in a sought-after area of New Bern. Further investigation into permitted uses under the R-8 zoning designation is recommended. The address is N Cool Ave, New Bern, NC 28560.
Value Estimations
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AI approach
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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
- -77.0424
- Latitude
- 35.1135
