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Prime Highway 17 Mixed-Use Development Opportunity - Craven County NC

Market Price

Willis Neck Rd, Vanceboro, NC 28586

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Last Updated: 09/16/2026

14.7 acres

Lot Area

 
Details:
Lot Area:    14.7 acres
Highlights:
  • One Property. Two Exceptional Development Opportunities. Approximately 3 acres of commercial frontage on US Highway 17 combined with 11+ acres of residential development land creates a rare mixed-use investment opportunity.
  • Approximately 475 feet of frontage on US Highway 17 offering more than 3 acres ideally suited for retail, office, medical, restaurant, or commercial development.
  • Approximately 400 feet of frontage on Willis Neck Road providing over 11 acres of cleared land with excellent potential for a residential subdivision or single-family development.
  • Unique opportunity to develop commercial and residential uses on one property, creating multiple revenue opportunities.
  • AADT 11,000 ( NCDOT 2024 )
  • Craven County water / septic
  • Electric service available, supporting both commercial and residential projects.
  • Cleared, mostly level topography - helps reduce site preparation costs and accelerates development timelines.
  • High-visibility location along US Highway 17, one of Eastern North Carolina's primary transportation corridors.
  • Located minutes from New Bern and Vanceboro, providing convenient access to employment centers, healthcare, shopping, and schools.
Description:

Position your next development in one of Craven County's emerging growth corridors. This 14.70-acre development opportunity offers the flexibility to accommodate multiple uses, combining approximately 3 acres with frontage on US Highway 17 for commercial development with the remaining acreage fronting Willis Neck Road, providing an excellent setting for expanded commercial / industrial or residential development.
Located just north of New Bern and minutes from Vanceboro, the property provides convenient access to one of Eastern North Carolina's strongest regional employment and retail markets while maintaining the space and flexibility developers need for future growth.

Gateway Between New Bern & Greenville NC
US Highway 17 serves as one of Eastern North Carolina's primary transportation corridors, connecting New Bern with Greenville and providing convenient regional access throughout eastern North Carolina. The corridor continues to experience long-term transportation planning and investment that supports future commercial growth.

Few properties offer the flexibility to develop both commercial and residential uses from a single acquisition. With approximately 475 feet of frontage on US Highway 17 and 400 feet of frontage on Willis Neck Road, this 14.70-acre tract is uniquely positioned for a phased mixed-use development. The commercial frontage provides outstanding visibility and access for businesses seeking exposure along one of Eastern North Carolina's primary transportation corridors, while the cleared rear acreage offers an attractive setting for residential development. Surrounded by the economic strength of New Bern and the continued growth of Craven County, the property is well positioned to capitalize on increasing demand for new commercial services and quality housing. Whether developed as a neighborhood commercial center with an adjoining residential community or as separate commercial and residential projects, the site provides exceptional flexibility, visibility, and long-term investment potential.
Please note that on pages 10-11 are Conceptual renderings which are for illustrative purposes only and are intended to demonstrate one possible development scenario. Final site design, building layout, access, approvals, and improvements are subject to purchaser due diligence, engineering, governmental approvals, and applicable zoning regulations.

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