Tbd Dr Mlk Jr Boulevard

New Bern, NC

Price $7,735,000
Acreage 103.7

Status: Active

MLS#: 100388426


103.7 acres for sale located next to New Bern High School and across the street from Ben D Quinn Elementary School & about 1 mile from new Harris Teeter Shopping Center. Almost all Due Diligence is completed, including Wetlands JD, Clean Phase 1, Traffic Studies, IPaC, NCNHP and soil evaluations. There is not much left to do besides bringing your vision to City of New Bern to be approved and land taken into the City Limits. City indicated there should be no problem with voluntary annexation. All DD info & Entitlements can be shared with buyer. This land is surrounded by city limits and is Zoned in ETJ as R-6, so high density SF houses, townhomes or apartments would be allowed. There is existing water and sewer capacity already on site for around 350 SF units and more could be achieved with upgrades to existing lift stations or when new sewer is run along Hwy 43 Connector in about a year. Property is not in a flood hazard area. There is Duke Power already on the property so developer can opt to have Duke or City of New Bern power. Wetland JD already done with very little effected acres, see attached maps. A new easement will be granted to Hwy 17 business with existing access to Tomlinson Blvd & Creeping Phlox Dr This property is close to planned Hwy 43 Connector. The location makes this the best available land this size for development currently available. Zoning, sewer, JD wetlands & traffic studies done, all that is needed is a developer with vision to solve the lack of available housing. Sellers are willing to do a ''Takedown/Option Contract'' for qualified buyers with enough deposit. Seller is a NC Licensed Realtor.
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