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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

Overview

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..

Listing Details MLS# 100369950

Contract Info

Delayed Marketing?
No
Marketing Start Date
2023-02-17
Sale/Lease
Sale
Auction
No
Listing Price
1790000
Stipulation of Sale
Standard

Location Information

Street #
4315
Street Name
Us 70
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
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.
Sign on Property
Yes

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

Status Change Info

Under Contract Date
2024-09-26
Sold Date
2024-12-19

More Information

Building/Ext Features

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

Business Type

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

Current Use

Vacant
Yes

Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Sale/Lease Includes

Land
Yes
See Remarks
Yes

Lot Description

Level
Yes
Wooded
Yes

Road Type/Frontage

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

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
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Water Source

Community Water
Yes

Sewer

Community Sewer
Yes

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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