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About This Home
This land at 22 Acres Dr Mlk Jr Boulevard in New Bern, NC is listed for $5,500,000 (22.00 acres).
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.
Key Features
- 22.00 acre lot
Location
22 Acres Dr Mlk Jr Boulevard
New Bern, NC 28562
Not In Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom land at 22 Acres Dr Mlk Jr Boulevard is listed at $5,500,000. The estimated monthly payment is $23,833 based on 20% down at 6.5% interest.
Key features include: 22.00 acre lot.
This property is listed by MICHAEL RAINES and can be reached at 2522592129 or michaelraines@c21zr.com.