3721 New Bern Highway

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3721 New Bern Highway

Jacksonville, NC 28546
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development site located at 3721 New Bern Highway in Jacksonville.
  • Commercial land asset positioned within a key North Carolina market.
  • Property sits along a major corridor with significant regional connectivity.
  • Suitable for various retail or commercial business development projects.
  • Strategic location supports expansion within the Jacksonville business community.

What's Special

Jacksonville serves as a vital hub in Eastern North Carolina, bolstered by its proximity to military installations and a steady regional economy. The land at 3721 New Bern Highway occupies a strategic position within this growing market, benefiting from the connectivity provided by major thoroughfares throughout the area. With its commercial designation, this site provides flexibility for developers and business owners looking to establish a footprint in a well-trafficked corridor. Whether for retail, office, or service-oriented development, the property accommodates various commercial needs. The surrounding environment continues to see consistent activity, drawing from a local population base that relies on the New Bern Highway artery for daily transit and commerce. Investors may find this parcel suitable for long-term hold strategies or immediate project development, aligning with the broader commercial expansion trends observed across the Jacksonville submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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