$5,500,000

22 Acres Doctor Martin Luther King Junior Blvd New Bern, NC 28562

Estimated payment $34,488/month

22 Acres
$250,000 Price per Acre
958,320 Sq Ft Lot

Highlights

  • 22 Acre Lot
  • Wooded Lot
  • Level Lot
  • Albert H. Bangert Elementary School Rated A-

About This Lot

22 Acres of Land with City of New Bern Water and Sewer available & at the site. Land is Zoned R-6 & C-3 in city ETJ. Purchase Price is between $250,000-275,000 an acre &/or $15k a door, and subject to amount of common area (access/spine road) developed by buyer. Preliminary wetland studies (PJD) in photos and attached in Documents. This PJD was done prior to 2023 Sackett case, which limits jurisdiction by the Corp of Engineers. Seller is a NC Licensed real estate broker. Numerous existing access point with main access off of MLK/Hwy 17Business can be constructed by developer near existing billboard or will be build by adjacent SF 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 22 acres is part of 150 acres of SF, MF & Commercial. Buyer can purchase more or less acres to accommodate their projects needs. Seller is not acting as a developer and will not construct and improvements. See all Documents & Disclosures. Clean Phase 1, PJD & Traffic Study Available and additional studies & reports are available.

Listing Agent

Michael Raines

CENTURY 21 ZAYTOUN RAINES License #217510 Listed on: 11/20/2025

CENTURY 21 ZAYTOUN RAINES

Property Details

Property Type

  • Land

Lot Details

  • 22 Acre Lot
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • Property is zoned R-6 & C-3

Schools

  • Ben Quinn Elementary School
  • New Bern High School

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 8-211-005, 2001,3000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Undeveloped
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Deeded Right of Way, Public (City/Cty/St), See Remarks, Easement
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Utilities: Electricity Available, Water Available, Sewer Available, See Remarks, Phone Available, Natural Gas Available

Lot Info

  • Deed Page: 1718.00
  • Lot Description: Multi-Zones, Wooded, See Remarks
  • Lot Sq Ft: 958320.00
  • Special Assessments: none known
  • Zoning: R-6 & C-3
  • Acres: 22.00
  • Current Use: Development, Timber, Multi-Family
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 250000.00
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Level, Wooded

Tax Info

  • Tax Identifier: 8-211-005, 2001,3000
  • Tax Year: 2025
  • Deferred Taxes: Yes

MLS Schools

  • Elementary School: Ben Quinn
  • High School: New Bern

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $5,500,000 -- --
Source: Hive MLS

Source: Hive MLS

MLS Number: 100542292

Hive MLS