Property profile

1310 Commerce Dr New Bern, NC 28562

OFF-MARKET
Land
Property ID
US53-3653783
0.48 ac lot
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Property summary

AI-generated overview

This exceptional 0.48-acre commercial lot is located at 1310 Commerce Dr, New Bern, NC 28562, within the thriving Commerce Business Park. Zoned C-3 Commercial, this pad-ready lot presents a unique opportunity for immediate development. Significant groundwork has already been completed, including extensive site work with compacted rock for both parking and a building pad. Essential utilities, such as water and sewer, are already in place, along with conduit for additional utilities. This significantly reduces construction time and costs. To further streamline the building process, previously approved building plans from the City of New Bern are available upon request. The asking price for this turnkey lot is $185,000, representing a price per acre of $385,417. This property offers a compelling investment opportunity in a dynamic business park environment, eliminating the need for extensive preliminary site preparation and allowing for a swift transition to construction. Seize this chance to establish your business in a prime location with all the necessary infrastructure already in place. The lot's location in Craven County provides easy access to local amenities and transportation networks.

Property profile

Verified
Property type Land
Lot 0.48 ac (20,909 SF)
UPID US53-3653783

Cap rate & NOI

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

Location

1310 Commerce Dr New Bern, NC 28562
New Bern metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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
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