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

$5,500,000
Property Type: Land Lot Size (sq. ft.): 958,320 Status: Active
Current Price: $5,500,000 List Date: 11/20/2025 Last Modified: 11/21/2025

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.

More Information MLS# 100542292

Contract Info

Delayed Marketing?: No Sub-Type: Undeveloped List Price/Acre: 250000 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-11-20 Listing Price: 5500000 Current Price: $5,500,000

Location Information

City Limits: No Marketing City: New Bern Secondary Subdivision: N/A Street #: 22 Acres Street Name: Dr Mlk Jr Street Suffix: Boulevard County: Craven State/Province: NC Zip Code: 28562 Subdivision: Not In Subdivision Geo Lat: 35.097406 Geo Lon: -77.124245

Remarks and Showing

Sign on Property: Yes Directions to Property: Dr MLK Jr Blvd 1 mile past Harris Teeter shopping center and turn right onto Academic Dr (2nd entrance to NBH) & then left onto Tomlinson Blvd. Gate to property at the end of Tomlinson. Property will have access to MLK Jr Blvd near large For Sale billboard

Property Exterior Info

Acres - Total: 22 Lot SqFt: 958320 Deed Restriction: No Waterfront: No Total Road Frontage: 120 Waterview: No Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 0 Deed Book: 3791 Deed Page: 1718 Legal: Raines Land Trent & Don White Farm. Multiple Deed Bk & Pgs. Part of (2) PINs Broker Owner: Yes PID: 8-221-005 & -3000 Tax Identifier: 8-211-005, 2001,3000 Plat Book: Parts of: G-29-H & Plat Page: Part of: G-61-H Special Assessments: none known Deferred Taxes: Yes Tax Year: 2025 Zoning: R-6 & C-3 Cobra Zone: No Elementary School: Ben Quinn High School: New Bern

Current Use

Development: 1 Multi-Family: 1 Timber: 1

Bldgs on Property

None: 1

Soil Evaluation

Soil Evaluation - Yes: 1

Topography

Level: 1 Wooded: 1

Terms

1031 Exchange: 1 Cash: 1 Will Divide: 1 See Remarks: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Multi-Zones: 1 Wooded: 1 See Remarks: 1

Road Type/Frontage

Deeded Right of Way: 1 Public (City/Cty/St): 1 See Remarks: 1 Easement: 1

Utilities

Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1 See Remarks: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Property Features

Current Use: Development; Multi-Family; Timber Bldgs on Property: None Soil Evaluation: Soil Evaluation - Yes Topography: Level; Wooded Fuel Tank: None Environmental Hazard: Unknown Lot Description: Multi-Zones; Wooded; See Remarks Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; See Remarks Sewer: Municipal Sewer Water Source: Municipal Water Terms: 1031 Exchange; Cash; Will Divide; See Remarks
Listing Office: CENTURY 21 ZAYTOUN RAINES
IDX
Last Updated: November - 21 - 2025
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