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Financial
Distress signals
Property profile

1702 Us 70 Hwy E C New Bern, NC 28560

FOR SALE
Community centers
Property ID
US53-3478482
7,200 SF 0.82 ac lot Built 1988
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an approximately 1,200-square-foot office unit built in 1988 with a steel-frame construction and exterior finishes of brick veneer and stucco, and it is covered by a metal roof. The interior layout includes a reception area, three large offices, and a rear service area featuring a restroom, a mud sink, and washer/dryer hookups. Flooring consists of vinyl and carpet, and the unit is served by central air with electric heat and a heat pump. The building is connected to public…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$598k
Assessed land$257k
Assessed improvement$341k
Effective rate0.46%

Value estimate

· Oct 2026
$455k
$410k – $501k
CAP approach$1.44M
Submarket $/SF estimate$1.24M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$5k
Operating expenses−$7k
NOI · 1,551.21% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$52 – $351

Cap rate analysis

How does the asset earn?
1,551.21%
$22k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.7
Dental Office11.1
Pharmacy10.0

Location

1702 Us 70 Hwy E C New Bern, NC 28560
County assessor Recorded deeds · not on file 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 Ave C, New Bern, NC 28560-3115 $75,000 Sep 2020 2,964 SF
2118 Trent, New Bern, NC 28560-5326 $595,000 Apr 2020 6,032 SF
906 Old Cherry Pt, New Bern, NC 28560 $475,000 May 2019 4,800 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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