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    OFF-MARKET
    Land

    1221 Hwy 17, New Bern, NC 28562

    452,153 SF 11 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11-acre commercial development site in New Bern, North Carolina, presents a unique investment opportunity. Located at 1221 U.S. Hwy 17 S, this property boasts over 1,500 feet of highway frontage, providing unparalleled visibility and accessibility. The expansive lot, encompassing 452,153 square feet, is zoned C-3, allowing for a wide range of commercial uses. Situated just outside the city limits, this tract benefits from its strategic location within a rapidly growing commercial corridor south of New Bern, offering convenient access to both US Highway 17 and Rocky Run Road. The asking price is $520,000, translating to $1.15 per square foot. The property's APN is 29321. This prime location and flexible zoning make it ideal for a variety of commercial ventures, promising significant return on investment. Don't miss this chance to secure a prominent position in a thriving market. The property is situated in Craven County, North Carolina, with a zip code of 28562. Its coordinates are 35.0852432 latitude and -77.1490721 longitude.

    Property profile
    Verified
    Property type Land
    Total area 452,153 SF
    Lot 11 ac (479,160 SF)
    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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