Property profile

114 Justin Dr New Bern, NC 28562

OFF-MARKET
Other warehouses
Property ID
US53-3506248
4,000 SF 0.48 ac lot Built 2006
Individually Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a metal-structure building totaling approximately 4,000 square feet, including about 800 square feet of office space and the remainder dedicated to warehouse use. The office area contains multiple offices, a reception area, a half bathroom, and a full bathroom. The warehouse portion is served by four overhead doors with 12-foot heights and has a maximum interior ceiling height of approximately 18 feet. The site includes an outdoor yard area of about 16,000 square feet. The building configuration supports flex, industrial, warehouse, and general commercial real estate uses.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2006
Total area 4,000 SF
Lot 0.48 ac (20,909 SF)
APN 7-108-7 -012
UPID US53-3506248

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

114 Justin Dr New Bern, NC 28562-9143
New Bern metro Census 961003 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
$565k
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2020
Price N/A
2016
$210,000
2006
$45,000
2005
$70,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 114 Justin Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message