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3706 M L King Jr Blvd - New Bern Retail Corridor Site
14.5 Acres of Commercial Land Offered at $4,500,000 in New Bern, NC 28562
Investment Highlights
- Size: 14.5 acres (approximately 11.4 acres uplands).
- Premier Location: Located on Dr. MLK Blvd in New Bern’s top retail corridor.
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 14.50 AC |
| Price Per AC | $310,345 |
| Price | $4,500,000 |
| Price Per AC | $310,345 |
| Lot Size | 14.50 AC |
Size: 14.5 acres (approximately 11.4 acres uplands).
Description
Premium 14.5-acre parcel ideally positioned in the heart of New Bern’s most attractive retail corridor. Located along the high-trac Dr. Martin Luther King Jr. Blvd, this property offers unmatched visibility and access in one of the region’s fastest-growing commercial areas. Originally part of an 18- acre tract purchased by Royal Farms, the remaining 14.5 acres includes approximately 11.4 acres of uplands, making it a prime candidate for retail, oce, or mixed-use development.
PROPERTY TAXES
| Parcel Number | 8-208-077 | Improvements Assessment | $1,688,000 |
| Land Assessment | $5,437,200 | Total Assessment | $7,125,200 |
PROPERTY TAXES
zoning
| Zoning Code | I-1 |
| I-1 |
Presented by
3706 M L King Jr Blvd - New Bern Retail Corridor Site
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