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3706 M L King Jr Blvd - New Bern Retail Corridor Site 14.5 Acres of Commercial Land Offered at $6,221,250 CAD 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
High Visibility: Adjacent to Royal Farms with excellent frontage and access. Trac Counts: Over 20,000 vehicles daily in one of New Bern’s busiest areas.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $6,221,250 CAD | Lot Size | 14.50 AC |
| Price Per AC | $429,051.74 CAD |
| Price | $6,221,250 CAD |
| Price Per AC | $429,051.74 CAD |
| 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.
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PROPERTY TAXES
| Parcel Number | 8-208-077 | Improvements Assessment | $2,381,768 CAD |
| Land Assessment | $7,671,889 CAD | Total Assessment | $10,053,657 CAD |
PROPERTY TAXES
Parcel Number
8-208-077
Land Assessment
$7,671,889 CAD
Improvements Assessment
$2,381,768 CAD
Total Assessment
$10,053,657 CAD
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3706 M L King Jr Blvd - New Bern Retail Corridor Site
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