About This Home

This 0-bedroom, 0-bathroom commercial at 12 Acres Dr Mlk Jr Boulevard in New Bern, NC is listed for $4,200,000. on a 12.00 acres lot.

Key Features

  • 12.00 acre lot
Listing Description

12 Acres of Commercial Property with City of New Bern Water and Sewer available & onsite. Land is Zoned C-3 in city ETJ. This prime commercial property is located at the intersection of MLK Jr Blvd & New Hwy 43-Connector. Preliminary wetland studies (PJD) in photos and attached in Documents.

This PJD was done prior to 2023 Sackett case, which limits jurisdiction. Seller is a NC Licensed real estate broker. There is a break in C/A allowing access to 43 & there are multiple access points onto MLK/Hwy 17 Business & a median break which allows left in access across MLK.

There is a lot of existing rooftops & even more approved for the near future. Including adjacent MF & SF communities that will cut through this property for main access. Land is located between New Bern High & New Hwy 43 Connector which ties into Hwy 70 & is about 1 mile from Harris Teeter shopping center.

Acreage is approximate & buyer will need a new survey as there are multiple parcels and this land is part of 150 acres & seller will sell subdivided. Seller is not the developer & will make no improvements. See all Documents & Disclosures. Clean Phase 1, PJD

Monthly Cost Estimate

$22,462/mo

20% down · 6.5% · 30 years

Principal$3,037
Interest$18,200
Insurance$1,225

Estimates only. Actual payments may vary.

Location

12 Acres Dr Mlk Jr Boulevard

New Bern, NC 28562

Not In Subdivision

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 12 Acres Dr Mlk Jr Boulevard is listed at $4,200,000. The estimated monthly payment is $22,462 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 12.00 acre lot.

This property is listed by MICHAEL RAINES.

MR

MICHAEL RAINES

License 217510

Agent at CENTURY 21 Zaytoun-Raines

Listed by CENTURY 21 Zaytoun-Raines · Broker phone: (252) 633-3069 · Broker website

MLS# 100572144· Source: Hive MLS· 176 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12 Acres Dr Mlk Jr Boulevard, New Bern, NC 28562

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