100 Galloway Rd

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100 Galloway Rd

New Bern, NC 28560
Asking Price
$499K
Asset Type
Land
Class
Class B

What's Special

100 Galloway Road is situated in New Bern, North Carolina, positioned just off the Highway 70 corridor. The surrounding neighborhood features a mix of established residential subdivisions, light industrial facilities, and regional retail centers. The property offers proximity to the Coastal Carolina Regional Airport and major local employers. Access to the site is facilitated by a network of secondary roads connecting directly to the region's primary commercial arteries, providing efficient logistics and transit links throughout Craven County and the surrounding coastal plains. The site is suited for diverse commercial applications including light industrial development, distribution centers, or specialized outdoor storage. Given the regional demand for supporting services, the property is an ideal fit for logistics providers, trade contractors, or equipment rental firms seeking a central hub. Prospective tenants would likely include regional service businesses or owner-users requiring level terrain with highway proximity. The local zoning and infrastructure support development aimed at strengthening the area's growing commercial and industrial service sectors.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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