4315 Us 70, New Bern, NC 28562

$775,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 465,221 Status: Closed
Current Price: $775,000 List Date: 6/21/2023 Last Modified: 12/21/2024

Description

1/2 of original 21 acres was sold for $775,000. There are addition details to the transaction that can be found in Craven County Registry under Book: 3822 Page: 1573, including Right Of First Refusal & Condemnation Sharing Agreement for when NCDOT takes a portion of the property for Hwy 70 project. Approx 1100ft of frontage on Hwy 70 just outside of New Bern in front of Carolina Colours. This commercial property is in a growing area & would be great for commercial development. This land is level and there are little to no wetlands. NCDOT's current ''James City Improvement Project,'' currently stops right at this property. Service road to this property is under construction now and will continue past this project on the next phase which will start soon. Buy now to be able to negotiate with DOT to best fit your project. This is a great opportunity for a commercial developer for apartments, storage facility, mixed use or shopping center. Call today for additional information..

More Information MLS# 100369950

Building/Ext Features

Lot Acres: 10.68 Lot SqFt: 465221 Lot Dimensions: 1099x412 Location Type: Mainland

Contract Info

Delayed Marketing?: No Sale/Lease: Sale Auction: No Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2023-02-17 Listing Price: 1790000 Current Price: $775,000

Location Information

City Limits: No Marketing City: New Bern Secondary Subdivision: N/A Street #: 4315 Street Name: Us 70 County: Craven State/Province: NC Zip Code: 28562 Subdivision: Not In Subdivision Geo Lat: 35.027433 Geo Lon: -77.002704

Remarks and Showing

Sign on Property: Yes Directions to Property: From New Bern take Hwy 70 East. Property is on the right and starts exactly 0.5 miles past Carolina Colours intersection. Look for sign.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 1297800 Deed Book: 2603 Deed Page: 396 Legal: SMITH, EWELL, WILLIAM & U S 70 Broker Owner: No PID: 7-040-001 Tax Identifier: 7-040-001 Plat Book: J Plat Page: 100G Special Assessments: none known Tax Year: 2023 Zoning: Commercial/none HOA: No Cobra Zone: No

Business Type

Auto Related: 1 Business Flex: 1 Food Service: 1 Hotel/Motel: 1 Medical: 1 Mixed: 1 Retail: 1 Shopping Center: 1 Storage: 1 Transportation: 1 Unimproved: 1 Warehouse: 1 Business Service: 1 Commercial: 1 Franchise: 1

Current Use

Vacant: 1

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Sale/Lease Includes

Land: 1 See Remarks: 1

Lot Description

Level: 1 Wooded: 1

Road Type/Frontage

4+ Lanes: 1 Interstate in 5 Miles: 1 Public (City/Cty/St): 1 See Remarks: 1

Road/Trans Access

Airport: Less than 5 Miles Interstate: Less than 5 Miles Rail: Less than 5 Miles State Highway: Less than 5 Miles

Heating System Fuel Source

None: 1

Utilities

Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Water Source

Community Water: 1

Sewer

Community Sewer: 1

Status Change Info

Under Contract Date: 2024-09-26 Sold Price: $775,000 Sold Date: 2024-12-19

Property Features

Business Type: Auto Related; Business Flex; Food Service; Hotel/Motel; Medical; Mixed; Retail; Shopping Center; Storage; Transportation; Unimproved; Warehouse; Business Service; Commercial; Franchise Lot Description: Level; Wooded Current Use: Vacant Heating System Fuel Source: None Utilities: Natural Gas Available; Sewer Available; Water Available Sewer: Community Sewer Water Source: Community Water Terms: 1031 Exchange; Cash; Conventional
Listing Office: CENTURY 21 ZAYTOUN RAINES
IDX
Last Updated: December - 21 - 2024
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