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$499,900 Just Listed
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Property Description
Prime commercial property located on Highway 70 at 508 E. New Bern Road. This property has 1.07 acres. There is a dilapidated structure on the premises. The list price is based solely on the value of the land. The building located on the premises is of no value and is being sold strictly AS IS/WHERE IS, with no representations regarding its condition or usability. The property is located in a flood zone; however, this property is in a prime commercial location, with many businesses surrounding it.
Full Property Details
Full Property Details for 508 E New Bern Rd
General
- Price: $499,900
- Taxes: $2,900 (2025)
- Status: Active
- Type: Commercial
- Source: 2253
- MLS ID: 100573340
- Updated: 5/13/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial
Location
- County: Lenoir
- Subdivision: Not In Subdivision
- Driving Directions: Hwy 11 Kinston, MLK Blvd. At the traffic circle, make a right to get on Queen Street. Continue until you reach Highway 70 and make a left. The property is on the left. Look for sign.
Structural Information
- Year Built: 1959
Lot Features
- Lot Size (Acres): 1.06
- Lot Size (Sq. Ft.): 46,174
- Lot Dimensions: 1.06
- Frontage: Highway
- Zoning: B1
Financial Considerations
- For Sale: Yes
- Assessment Amount: $206,431
- Tax Amount: $2,900.36
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Highway 70 E. Lot B Parcel No. 22319
- Property ID: 452410459634
- Block: 220
Listed by M & C Realty Company Inc., MILTON FIELDS
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Schools
Schools serving 508 E New Bern Rd
School District:Lenoir County Schools
| Name | Grades | Distance |
|---|---|---|
Southwood Elementary, Kinston, NC 1245 Hwy 58 South, Kinston, NC 28504 | K-5 | 2.4 mi |
Woodington Middle 4939 Hwy 258 South, Kinston, NC 28504 | 6-8 | 6.5 mi |
Lenoir Co Early College High 231 Hwy 58 South, Kinston, NC 28502 | 9-12 | 0.4 mi |
South Lenoir High 3355 Old Highway 11, Deep Run, NC 28525 | 9-12 | 9.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 E New Bern Rd
Date
Details
Price
Change
Source
5/13/2026
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 E New Bern Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,900
139%
$206,431
175%
2024
$1,211
—
$75,000
—
2023
$1,211
—
$75,000
—
2021
$1,211
—
$75,000
—
2022
$1,211
8%
$75,000
—
2020
$1,125
-5%
$75,000
—
2019
$1,181
3%
$75,000
—
2018
$1,148
-62%
$75,000
-63%
2015
$3,013
—
$201,554
—
2014
$3,013
—
$201,554
—
2013
$3,013
—
$201,554
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 E New Bern Rd
508 E New Bern Road, Kinston, NC 28504 (MLS# 100573340) is a Commercial property. 508 E New Bern Road is currently listed for $499,900 and was received on May 13, 2026. Want to learn more about 508 E New Bern Road? Do you have questions about finding other Commercial real estate for sale in Kinston? You can browse all Kinston real estate or contact a Coldwell Banker agent to request more information.

