For Sale
$1,201,000

2 Savoy Dr New Bern, NC 28562

52.2 Acres, US 70 & 43 Hwy Access

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 52.2-acre parcel presents a remarkable investment opportunity in New Bern, North Carolina. Situated just off US Highway 70 and the US Highway 43 connector, this undeveloped wooded land boasts a prime location ideal for future residential and/or commercial development. Currently outside city limits and unzoned, the property offers significant potential. The sale includes one parcel, with an option to purchase an additional 46.2 acres. This strategic location benefits from the North Carolina Department of Transportation's planned extension of the US 43 Highway connector to US Highway 17, significantly increasing road frontage. The projected road will run between this parcel and the adjacent 46.2 acres. Across US Highway 70 lies the West New Bern development, further enhancing the property's value and potential. The property currently has 450 feet of road frontage, estimated to increase to 3,884 feet upon completion of the US 43 Highway connector. Buyers are responsible for determining utility entitlements. The asking price is $1,201,000, translating to approximately $23,007.66 per acre. Don't miss this chance to acquire a substantial tract of land with exceptional growth potential.

Highlights

  • $1,201,000 asking price.
  • 52.2-acre commercial land parcel in Craven County, NC.
  • $23,007.66 per acre land value.
  • Located off US 70 and US 43 Highway connector in New Bern, NC (28562).
  • Currently unzoned and outside city limits; buyer to verify utilities.

Property Details for 2 Savoy Dr

Property type
Land
Lot Size (sq. ft)
2,273,832 SF

Location Insight

City
New Bern
County
Craven
State
North Carolina
Latitude
35.1103135
Longitude
-77.1460824
2 Savoy Dr, New Bern, North Carolina

FAQs

What type of property is this?
Land - 52.2 Acres, US 70 & 43 Hwy Access
Where is the land located?
The property is located at 2 Savoy Dr New Bern, NC.
What is the asking price?
The asking price for this property is $1,201,000.
What are key features of this property?
This property features: $1,201,000 asking price.; 52.2-acre commercial land parcel in Craven County, NC.; $23,007.66 per acre land value.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2 Savoy Dr
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