Property profile

429 1st St New Bern, NC 28560

OFF-MARKET
Auto shops
Property ID
US53-3636767
5,416 SF 0.94 ac lot Built 1961
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1961
Total area 5,416 SF
Lot 0.94 ac (40,799 SF)
APN 8-012 -313
UPID US53-3636767

Cap rate & NOI

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

Location

429 1st St New Bern, NC 28560-5507
New Bern metro Census 960700 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$839k
Blend (final) Blend
$330k

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
$400,000
2024
$330,000
2021
$100,000
2020
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.1M +10.5%

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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