Tbd Dr Mlk Jr BoulevardNew Bern, NC 28562Price: $5,400,000

  • Price: $5,400,000
  • Est. Mortgage of $/month
  • 38 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,400,000List Price
  • 90Acreage

Listing Tools

Listed by MICHAEL RAINES of CENTURY 21 ZAYTOUN RAINES
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.

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"Based on information submitted to Hive MLS as of June 13, 2026 12:14 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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