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    Nine Mile Rd Newport, NC 28570

    For Sale
    $575,000

    LAND - Newport, NC

    Lot size:
    1.54 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for Nine Mile Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    632603015860000
    Lot size
    1.54 Acres

    Putnam Real Estate Co. (252) 726-2826 [email protected]

    Listing agent Edward M Lupton (252) 726-2826 License #62726

    Listing date Jun 25, 2025

    MLS# 100515584 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Highway 24

    This commercial land property features 165 feet of road frontage on Highway 24, with Redwood Drive bordering the east side and a new Speedway station to the west. The 1.54-acre lot includes a deceleration lane on the road frontage and is situated in a rapidly developing section of Highway 24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Newport
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.934555
    Latitude
    34.725918

    Nearby Similar for Sale

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      Prime Newport Commercial Land

      0.87-acre lot, ideal for development. High-growth potential.
      160 Nine Mile Rd, Newport, NC 28570
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    • $379,000
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      Prime Newport Commercial Land

      1.44 Acres, $379,000
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    • $1,115,136
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      Prime Newport CVS Pharmacy Investment

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    FAQs

    What type of property is this?
    Commercial land - 1.54 acres with highway frontage in growing area.
    Where is this commercial land located?
    The property is located at Nine Mile Rd Newport, NC.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - 165 feet of Hwy. 24 road frontage in a fast-growing area.; - 1.54 acres of land.; - Deceleration lane on road frontage.
    (252) 726-2826
    Request Owner's contact information
    Nine Mile Rd Newport, NC 28570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nine Mile Rd Newport, NC 28570
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