Financial
Distress signals
Property profile

1263 Colony Dr New Bern, NC 28562

FOR SALE
Other office properties
Property ID
US53-3686675
640 SF 0.01 ac lot Built 1998
Last sale Jun 2025 · $41,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 640-square-foot office unit is located within Colony Trade Center at 1263 Colony Drive in New Bern, North Carolina. The building was constructed in 1998 and the unit is configured with a front-office or reception area, one private office, an additional workspace or conference area, and a restroom. The property features brick construction with a shingle roof, electric heating, and window or wall/window cooling systems. The site includes a parking lot and water service, and the unit is zoned C.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$283
Tax billed · 2024
Assessed value$34k
Assessed land$5k
Assessed improvement$29k
Effective rate0.83%

Value estimate

· Sep 2026
$100k
$90k – $110k
NOI build-up
Gross scheduled income$6k
Vacancy & credit loss−$433
Operating expenses−$2k
NOI · 594.14% cap applied$4k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$105 – $293
Qualifying comparables3

Cap rate analysis

How does the asset earn?
594.14%
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCRAVEN

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.0
HVAC Service8.8
Furniture Store8.7

Location

1263 Colony Dr New Bern, NC 28562
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2821 Neuse, New Bern, NC 28562-2834 $26,000,000 Feb 2026 616 SF
1257 Colony, New Bern, NC 28562-4156 $38,000 Mar 2025 640 SF
1259 Colony, New Bern, NC 28562-4156 $80,000 Mar 2025 640 SF
1269 Colony, New Bern, NC 28562-4156 $20,000 May 2024 640 SF
1243 Colony, New Bern, NC 28562-4156 $22,000 Oct 2023 640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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