0 Old Pollocksville Rd New Bern, NC 28562
This exceptional 3.8-acre parcel, designated Lot #3 of the River Bend Town Center, presents a unique investment opportunity in Craven County, North Carolina. Located at the corner of Shoreline Drive and Old Brick Road, this property boasts a prime location at the entrance to the incorporated Town of River Bend, just two miles south of New Bern off US Highway 17 – a four-lane divided highway with a stoplight at the entrance. The lot is zoned BD (Business District), allowing for a variety of commercial uses, and also benefits from the flexibility of permitted residential development. This strategic location offers excellent visibility and accessibility. River Bend provides a thriving community with municipal water and sewer services, police and fire departments, a marina, and other established retail businesses. The property's 3.8-acre size (per Craven County Tax Records) offers ample space for development, making it ideal for a range of projects, including medical facilities, retail establishments, senior living, or planned residential communities. The site is part of a larger development, River Bend Town Center, comprising four separate lots. Water and sewer are readily available. The property's APN is 8-206-4001 and is offered as a fee simple ownership. This is a rare opportunity to acquire a strategically located parcel in a growing community. Asking price is $760,000.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.