Tbd Dr Mlk Jr Boulevard, New Bern, NC 28562
$5,400,000
Property Type:
Land
Lot Size (sq. ft.):
3,920,400
Status:
Active
Current Price:
$5,400,000
List Date:
11/20/2025
Last Modified:
11/21/2025
Description
90 Acres of Land with City of New Bern Water and Sewer available & at the site. Land is Zoned R-6 in city ETJ which allows for high density single and multifamily development. Preliminary wetland studies (PJD) in photos and attached in Documents. This PJD was done prior to 2023 Sackett case, which limits jurisdiction, and shows no wetlands on the 90 acres. 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 build by adjacent MF 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 90 acres is part of 150 acres of SF, MF & Commercial. Buyer can purchase in multiple take downs. Seller is not a developer & will make no improvements. See all Documents & Disclosures. Clean Phase 1, PJD & Traffic Study Available.
More Information MLS# 100542181
Contract Info
Delayed Marketing?: No
Sub-Type: Undeveloped
List Price/Acre: 60000
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-11-20
Listing Price: 5400000
Current Price: $5,400,000
Location Information
City Limits: No
Marketing City: New Bern
Secondary Subdivision: N/A
Street #: Tbd
Street Name: Dr Mlk Jr
Street Suffix: Boulevard
County: Craven
State/Province: NC
Zip Code: 28562
Subdivision: Not In Subdivision
Geo Lat: 35.101987
Geo Lon: -77.123228
Remarks and Showing
Sign on Property: No
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 Exterior Info
Acres - Total: 90
Lot SqFt: 3920400
Deed Restriction: No
Waterfront: No
Total Road Frontage: 160
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 36980
Deed Book: 3791
Deed Page: 1718
Legal: Raines Land Trent Rd
Broker Owner: Yes
PID: 8-211-005
Tax Identifier: 8-211-005
Plat Book: G
Plat Page: 29-H
Special Assessments: Use-Value Deferred Taxes
Deferred Taxes: Yes
Tax Year: 2025
Zoning: R-6
Cobra Zone: No
Elementary School: A. H. Bangert
High School: New Bern
Current Use
Timber: 1
Hunting: 1
Bldgs on Property
None: 1
Soil Evaluation
Soil Evaluation - Yes: 1
Other: Phase 1
Topography
Level: 1
Undeveloped: 1
Wooded: 1
Terms
1031 Exchange: 1
Cash: 1
Will Divide: 1
See Remarks: 1
Fuel Tank
None: 1
Environmental Hazard
No: 1
Road Type/Frontage
Deeded Right of Way: 1
Public (City/Cty/St): 1
See Remarks: 1
Easement: 1
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Public Sewer: 1
Water Source
Municipal Water: 1
Property Features
Current Use: Timber; Hunting
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - Yes
Topography: Level; Undeveloped; Wooded
Fuel Tank: None
Environmental Hazard: No
Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Sewer: Municipal Sewer; Public 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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