Tbd Dr Mlk Jr Boulevard, New Bern, NC 28562 (MLS# 100542181)

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
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.