Financial
Distress signals
Property profile

507 Contentnea Ave New Bern, NC 28560

FOR LEASE
Retail space
Property ID
US53-2482081
1,440 SF 0.18 ac lot Built 1960
Last sale May 2022 · $69,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An approximately 1,400-square-foot standalone block building in central New Bern, North Carolina, configured with an open main area and two restrooms. The interior layout was previously set up for use as a dance studio and is suitable for other open-area concepts such as a gym, childcare facility, or a church-style use that benefits from flexible space and room for movement. The building has been historically operated as a dance studio, indicating a functional floorplan for instruction and studio-style programming.

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?
$445
Tax billed · 2024
Assessed value$53k
Assessed land$15k
Assessed improvement$38k
Effective rate0.83%

Value estimate

· Sep 2026
$95k
$86k – $105k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$67 – $315

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.1
Realty agency11.3
HVAC Service10.1

Location

507 Contentnea Ave New Bern, NC 28560
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
504 Guion, New Bern, NC 28560-3259 $175,000 Jul 2025 1,440 SF
1308 Old Cherry Pt, New Bern, NC 28560-6640 $145,000 Sep 2023 1,271 SF
814 Main, New Bern, NC 28560-3939 $45,000 May 2023 1,300 SF
3314 Neuse, New Bern, NC 28560-4110 $798,000 Jan 2023 1,597 SF
240 Middle, New Bern, NC 28560-2142 $480,000 Feb 2022 1,344 SF
1239 Pollock, New Bern, NC 28560-5537 $125,000 Jan 2022 1,498 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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