Storefront Property with Road
New
For Sale
$235,000
684 Nine Foot Road, Newport, NC 28570
Commercial Sale, Newport, NC
Property Size1,200 SF
Lot Size0.71 Acres
Price / SF$195.83
Days on Market3
Property Features for 684 Nine Foot Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
1520
Directions
From Hwy 70, turn onto Nine Mile Rd (at Food Lion) and follow down to the property on the right. Sign on property
Standard status
Active
APN
633805084098000
Size
1,200 SF
Lot size
0.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Portion of TRI Quinn Hill Sr 1124
Tax Annual Amount
725
Legal Description
Portion of TRI Quinn Hill Sr 1124
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Propane (Heating)
Cooling system
Central Air
Building Details
Year built
1993
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
RE/MAX Homestead Swansboro
(252) 764-2982
Listed By:
Kathy Ann Myers · License #274306
(252) 241-4986
Added: Oct 13
Last Checked: Oct 15 at 1:06PM
MLS# 100610047
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes a 1,200-square-foot, one-story building on a slab and a separate 600-square-foot structure connected by a deck. A front porch and paved lot with capacity for approximately 15–20 vehicles are also on site. The wood-frame buildings have vinyl siding, shingle roofing, and central air. The property was built in 1993 and is currently vacant; it is offered in as-is condition.
Located on Nine Foot Road, the site has 190 feet of road frontage. Public water is available, and the property is served by a septic tank. Its zoning is neighborhood commercial, with permitted uses subject to buyer verification.
Located on Nine Foot Road, the site has 190 feet of road frontage. Public water is available, and the property is served by a septic tank. Its zoning is neighborhood commercial, with permitted uses subject to buyer verification.
Key Highlights
- 190 feet of frontage along paved Nine Foot Road
- One‑story, 1,200‑square‑foot slab building plus a separate 600‑square‑foot structure
- Paved parking area with capacity for about 15–20 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,910
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,200
$278.2K
Cap Rate 7%
$198,714
$198.7K
Cap Rate 9%
$154,556
$154.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.7K −$1.44/SF
EGI
$19.9K $16.56/SF
− OpEx
−$6.0K −$4.97/SF
NOI
$13.9K $11.59/SF
Area
Carteret County, NC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,200
Cap Rate 7%
$198,714
Cap Rate 9%
$154,556
Alternative Uses
Best Use
Retail
$198.7K
$173.9K – $231.8K
NOI $13,910 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.0K
$315.0K – $420.0K
NOI $25,200 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28570, NC
21,647
Population
10,819
Households
2
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
148.8 sq mi
ZIP Area
145
Density / Sq Mi
$69,018
Median Household Income
$36,753
Median Earnings
$951
Median Rent
$245,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - A separate secondary building, deck, porch, and paved parking area expand the property's physical layout.
Where is this storefront property located?
The property is located at 684 Nine Foot Road Newport, NC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 190 feet of frontage along paved Nine Foot Road; One‑story, 1,200‑square‑foot slab building plus a separate 600‑square‑foot structure; Paved parking area with capacity for about 15–20 cars
