130 Bridge Town Blvd

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130 Bridge Town Blvd

New Bern, NC 28560
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

130 Bridge Town Blvd is located in the Bridge Town commercial corridor of New Bern, North Carolina. The property is situated immediately off Highway 17 and is near the intersection of Highway 70, providing direct regional connectivity to Morehead City and Raleigh. The surrounding neighborhood is characterized by a mix of established retail centers, medical offices, and residential subdivisions. Local amenities within a one-mile radius include national grocery chains, pharmacies, and professional service hubs. The site offers high visibility from main thoroughfares and benefits from existing infrastructure and paved road frontage. The site is suited for commercial development, particularly for retail, professional office, or light service-oriented facilities. Given its proximity to residential density and major traffic arteries, the land is ideal for developers seeking to establish multi-tenant shopping centers or stand-alone medical clinics. Potential tenants for future structures include regional healthcare providers, quick-service restaurant operators, or neighborhood-scale retail businesses. The property’s zoning and location support high-frequency consumer access, making it a viable option for businesses requiring prominent signage and ease of entry for local commuters.

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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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