16.19 Acres Available for Sale Zoned:Commercial C-3

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29993465
Property Subtypes: Agricultural, Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Status: Pending
Gross Land Area: 16.19 Acres
Sale Price: $2,962,050
Unit Price: $182,955 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2017

Overview / Comments

Four combined parcels totaling 16.19 +/- AC available in New Bern for $195,000 per AC. Parcel two has one acre and 12,300 SF building rented for different furniture dealers Gross rent $48,000.

Averaging 24,000 cars a day on MLK Jr. Blvd. these parcels are all suitable for multi-family, retail, office, storage, industrial and agricultural opportunities.
Four parcels
Parcel #1 10.14 AC entrance on MLK
Parcel #2 3.12 AC and
***1 acre with 12,300 SF building ($500,000 additional for building and acre with sale of all property)
Parcel #3 .44 AC driveway to Greenleaf Rd
Parcel #4 1.49 AC On MLK

Attachments & Media

Additional Details

Nearest MSA: New Bern
County: Craven
Taxing Authority: Craven County
Tax ID/APN: 8-207-209, 8-207-237, 8-207-258, 8-207-213
Zoning: C-3
Property Located Between: MLK Jr. Blvd, and Academic Dr.
Property Visibility: Excellent
Legal Description: FOWLER LAND FOWLER LD ACCESS STRIP FOWLER
Largest Nearby Street: MLK JR. Blvd.
Feet of Frontage: 250
Traffic/Vehicle Count: 24,000
Highway Access: US HWY 17/MLK JR BLVD.
Site Description: Four adjacent parcels totaling 16.19 AC off of MLK Jr. Blvd.
Area Description: Growth are on main drive
Lot Frontage: 250
Zoning Description: Commercial District
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,161 20,091 36,961
Median Age: 49.43 46.04 42.15
Households: 904 8,917 16,069
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