3455 M L King JrNew Bern, NC 28562

  • Hotels
  • 32,700 SF
Off market
$4,797,950 Estimated

Property Details for 3455 M L King Jr

Year built
1996
Lot size
4.31 AC
Property size (Sq ft)
32,700 SF
Property type
Hotels
APN
8-208 -026
APU
8208026

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,002,937
    6.5%
    $8,310,404
    7%
    $7,716,804
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,342,524
    Geo Method
    $17,639,002
  • Alternative Use

    Use
    Valuation
    Residential
    $9,072,546
    Hospitality
    $8,310,404
    Educational
    $6,914,158
    Medical
    $7,151,947
    Retail
    $10,755,357
3455 M L King Jr, New Bern, North Carolina

Location Insight

City
New Bern
County
Craven
State
North Carolina
Latitude
35.0972
Longitude
-77.0971
CBSA code
35100
CBSA name
NEW BERN, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,053
$1,392,180
$3,405,770
$4,797,950
-
$1,392,180
$3,405,770
$4,797,950

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