Property summary
This exceptional 0.62-acre commercial lot, located at 208 Drummond Place in New Bern, North Carolina, presents a unique opportunity for development. Situated in the desirable Governors Mill neighborhood, this cul-de-sac lot boasts a prime location offering convenient access to New Bern's vibrant restaurants, shopping centers, medical facilities, and local attractions. The property features maintained, paved, public road frontage, ensuring easy accessibility. The asking price is $50,000, translating to approximately $80,645.16 per acre. The lot is zoned for commercial use (APN: 8-205-4-038) and is available for cash purchases or financing options including construction-to-perm loans. There are no homeowner's association fees. This property offers significant potential for a variety of commercial ventures, making it an attractive investment in a thriving North Carolina community. The property is located in Craven County, NC, zip code 28562, with GPS coordinates 35.086179 latitude and -77.162777 longitude.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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