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    5167 Hwy 70 W Morehead City, NC 28557

    For Lease
    Contact for pricing

    Highly visible shopping center with national retail tenants.

    Property size:
    5,636 SF
    Lot size:
    25.23 Acres

    Property Features for 5167 Hwy 70 W

    General Information

    Size
    5,636 SF
    Lot size
    25.23 Acres

    Source: US Properties Group Inc Agent Cindy Hicks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Cypress Bay

    Located along the eastern seaboard in Morehead City, North Carolina, Cypress Bay is a shopping center with national retail tenants. The center is anchored by Belk, Best Buy, and Hobby Lobby, with Walmart, Staples, and Lowe’s as shadow anchors. Other national tenants in close proximity include Michael’s, West Marine, Dick’s Sporting Goods, Shoe Department, TJ Maxx, Bed Bath & Beyond, Ross, and PetSmart. The available retail space is 5636 square feet.
    Location Intelligence

    Current Use by Public Records

    Lilly Pulitzer Women'S Clothing Store Shore Decor Furniture Store J R Dunn ... Jewelry Store B.E Spa Nails Nail Salon Plaza Mexico Bar ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cypress Bay Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.8067669
    Latitude
    34.7367731

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    FAQs

    What type of property is this?
    Shopping center - Highly visible shopping center with national retail tenants.
    Where is this shopping center located?
    The property is located at 5167 Hwy 70 W Morehead City, NC.
    What are key features of this property?
    This property features: - Anchored by Belk, Best Buy, and Hobby Lobby; - Shadow anchored by Walmart, Staples, and Lowe’s; - Located in Morehead City, a popular tourist destination
    (803) 407-4555
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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
    5167 Hwy 70 W Morehead City, NC 28557
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