Property profile

2408 M L King Jr Blvd New Bern, NC 28562

OFF-MARKET
Community centers
Property ID
US53-3484192
3,500 SF 0.33 ac lot Built 1998
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1998
Total area 3,500 SF
Lot 0.33 ac (14,549 SF)
APN 8-036 -109
UPID US53-3484192

Cap rate & NOI

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

Location

2408 M L King Jr Blvd New Bern, NC 28562-4418
New Bern metro Census 960600 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
$695k
Comparable Approach Comparable
$414k
Blend (final) Blend
$370k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $850,000 +16.6%

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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