22 Acres Dr Mlk Jr Boulevard, New Bern, NC 28562

$5,500,000

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List Price
$5,500,000
Status
ACTIVE
Days on Market
82
MLS#
100572125
Subtype
Land
Lot Size
958,320
Acres
22
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

Property Description

22 Acres of Land with City of New Bern Water and Sewer available & at the site. Land is Zoned R-6 & C-3 in city ETJ. Purchase Price is between $250,000-275,000 an acre &/or $15k a door, and subject to amount of common area (access/spine road) developed by buyer. Preliminary wetland studies (PJD) in photos and attached in Documents. This PJD was done prior to 2023 Sackett case, which limits jurisdiction by the Corp of Engineers. Seller is a NC Licensed real estate broker. Numerous existing access points with main access off of MLK/Hwy 17 Business can be constructed by developer near existing billboard or will be built by adjacent SF or Commercial developments. Land is located between New Bern High & New Hwy 43 Connector which ties into Hwy 70 & about 1 mile from Harris Teeter shopping center. Acreage is approximate & buyer will need a new survey as 22 acres is part of 150 acres of SF, MF & Commercial. Buyer can purchase more or less acres to accommodate their projects needs. Seller is not acting as a developer and will not construct and improvements. See all Documents & Disclosures. Clean Phase 1, PJD & Traffic Study Available and additional studies & reports are available.

Additional Information

Zoning
R-6 & C-3
Elementary School
Ben Quinn
High School
New Bern

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 ZAYTOUN RAINES.