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:
3/02/2026
Overview
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.
Listing Details MLS# 100542181
Contract Info
- Delayed Marketing?
- No
- Marketing Start Date
- 2025-11-20
- Sub-Type
- Undeveloped
- Listing Price
- 5400000
- List Price/Acre
- 60000
- Stipulation of Sale
- Standard
Location Information
- Street #
- Tbd
- Street Name
- Dr Mlk Jr
- Street Suffix
- Boulevard
- County
- Craven
- State/Province
- NC
- Zip Code
- 28562
- City Limits
- No
- Marketing City
- New Bern
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- 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.
- Sign on Property
- No
Property Exterior Info
- Acres - Total
- 90
- Lot SqFt
- 3920400
- Deed Restriction
- No
- Total Road Frontage
- 160
- Waterfront
- No
- 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
Soil Evaluation
- Other
- Phase 1
- Soil Evaluation - Yes
- Yes
More Information
Current Use
- Timber
- Yes
- Hunting
- Yes
Bldgs on Property
- None
- Yes
Topography
- Level
- Yes
- Undeveloped
- Yes
- Wooded
- Yes
Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Will Divide
- Yes
- See Remarks
- Yes
Fuel Tank
- None
- Yes
Environmental Hazard
- No
- Yes
Road Type/Frontage
- Deeded Right of Way
- Yes
- Public (City/Cty/St)
- Yes
- See Remarks
- Yes
- Easement
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Sewer
- Municipal Sewer
- Yes
- Public Sewer
- Yes
Water Source
- Municipal Water
- Yes
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: March - 02 - 2026
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