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Listed by MICHAEL RAINES, CENTURY 21 ZAYTOUN RAINES.

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

$4,200,000
Property Type: Land Lot Size (sq. ft.): 522,720 Status: Active
Current Price: $4,200,000 List Date: 5/07/2026 Last Modified: 5/07/2026

Overview

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 ac …

Listing Details MLS# 100572228

Contract Info

Delayed Marketing?
No
Marketing Start Date
2026-05-07
Sub-Type
Undeveloped
Listing Price
4200000
List Price/Acre
350000
Stipulation of Sale
Standard

Location Information

Street #
12 Acres
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
On corner of Dr MLK Jr Blvd & Trent Creek/New Hwy 43-Connector. 1 mile past Harris Teeter shopping center. Look for cleared area with large For Sale billboard
Sign on Property
Yes

Property Exterior Info

Acres – Total
12
Lot Dimensions
See Map in Documents
Lot SqFt
522720
Deed Restrictions
Yes
Total Road Frontage
1400
Waterfront
No
Waterview
No
Location Type
Mainland
Horses Y/N
No

Legal and Taxes

Tax Assessed Value
562120
Deed Book
3785
Deed Page
1536
Legal
Fowler Land, Don White Farm & Raines Trent Land
Broker Owner
Yes
PID
8-211-3000
Tax Identifier
8-211-3000
Plat Book
G-61
Plat Page
H
Special Assessments
None known
Deferred Taxes
No
Tax Year
2025
Zoning
C-3
Cobra Zone
No
Elementary School
Ben Quinn
High School
New Bern

Current Use

Timber
Yes

More Information

Bldgs on Property

None
Yes

Soil Evaluation

Soil Evaluation – Yes
Yes

Topography

Level
Yes

Terms

1031 Exchange
Yes
Cash
Yes

Fuel Tank

None
Yes

Environmental Hazard

No
Yes

Road Type/Frontage

Public (City/Cty/St)
Yes
See Remarks
Yes

Sewer

Municipal Sewer
Yes

Water Source

Municipal Water
Yes

Property Features

Current Use: Timber Bldgs on Property: None Soil Evaluation: Soil Evaluation – Yes Topography: Level Fuel Tank: None Environmental Hazard: No Sewer: Municipal Sewer Water Source: Municipal Water Terms: 1031 Exchange; Cash
IDX
Listing Office: CENTURY 21 ZAYTOUN RAINES
Last Updated: May – 07 – 2026
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