714 Broad St, New Bern, NC 28560-4828
This exceptional 0.96-acre property at 714 Broad Street in New Bern, North Carolina, presents a unique investment opportunity. Currently vacant, this 3,322 square foot site boasts a prime downtown location and is zoned COMMERCIAL, allowing for a variety of uses. Previously occupied by Hardee's and Jim Bob's Restaurant, the property features a drive-thru lane and ample parking, making it ideal for a quick-service restaurant (QSR) or similar commercial venture. The single-story building sits on a sizable 0.96-acre lot, providing significant flexibility for development or redevelopment. The asking price is $1,500,000. This value-add investment is ready for a new owner to capitalize on its excellent location and potential. The property's history as a successful restaurant location, combined with its convenient access and ample parking, makes it an attractive proposition for entrepreneurs seeking a high-traffic, high-visibility site in a thriving downtown area. The property is vacant and ready for immediate occupancy. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.