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

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For Sale

$5,500,000

22 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

  • Newly Listed
    Time on Century 21

  • 22 acres
    Lot size

Explore this Property

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.
MLS# 100542292

Listed By CENTURY 21 Zaytoun-Raines

Property Features

  • Lot Size
    22 Acres
  • Style
    Other Style

Map and Directions

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

Home seller Meet the Agent,
Michael Raines

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Michael Raines

of CENTURY 21 Zaytoun-Raines

(252) 259-2129
Learn More About Me

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.