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300 Washington Post Rd - 5.5 +/- AC. in City of New Bern

5.46 Acres of Commercial Land in New Bern, NC 28560

Investment Highlights

  • High growth area of New Bern
  • 29+/- acre adjoining site recently approved for 288 unit multifamily project

Executive Summary

Available now is a one-of-a-kind opportunity for developers and investors alike. Situated on approximately 5.46 acres of land with frontage on Washington Post Road/NC Highway 43, this property offers an exceptional location with immense potential for commercial, residential, or mixed-use developments.
Adjacent to this parcel lies a 29-acre site, recently greenlit for a 288-unit multifamily project. This not only speaks to the area's attractiveness for development but also underscores the potential for synergistic growth and investment.
With an Average Annual Daily Traffic (AADT) count of 18,500 vehicles in 2022, this property boasts excellent accessibility and visibility, ensuring maximum exposure for future development.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
  • Carwash
  • Self Storage
Total Lot Size 5.46 AC

1 Lot Available

Lot

Lot Size 5.46 AC

5.46+/- acres of frontage on Washington Post Road/NC HWY 43 28+/- acre adjoining site recently approved for 288 unit multifamily project AADT 2022: 18,500

Description

-5.46+/- acres of frontage on Washington Post Road/NC HWY 43 - PARCEL ID: 8-216-19000 -29+/- acre adjoining site recently approved for 288 unit multifamily project -AADT 2022: 18,500 - Intersection of NC Hwy 43 & 55 -Zoned R-8

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8-216-7004
  • 8-216-19000
Land Assessment
$12,540
Improvements Assessment
$0
Total Assessment
$12,540

zoning

Zoning Code R-8
R-8
  • Listing ID: 28430274

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 300 Washington Post Rd, New Bern, NC 28560

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