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    415 Roberts Rd Newport, NC 28570

    Sponsored
    For Sale
    $3,500,000

    Highway 70 Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 20.7-acre commercial land parcel, located at 415 Roberts Road in Newport, North Carolina, presents a significant investment opportunity. Zoned HC (Highway Commercial), this property boasts convenient access to Highway 70, a fully signalized intersection, and proximity to established businesses including Speedway and a Walmart Neighborhood Market. A new Smithfield's Chicken 'N Bar-B-Q recently opened across Highway 70, further enhancing the area's commercial appeal. The property's strategic location offers easy access to Morehead City (approximately 4 miles), the future I-42 Havelock bypass (estimated 2024 completion, 2.5 miles away), and Cherry Point's main gate (6 miles). Adding to its unique character, the eastern boundary shares a border with the Croatan National Forest. The property's APN is 6337.02.79.8421000. Detailed zoning information from the Newport planning department is available. The asking price for this prime commercial land is $3,500,000. This presents a rare chance to acquire a substantial tract of land in a rapidly developing area with excellent visibility and access.

    Property Features for 415 Roberts Rd

    General Information

    Property type
    Land
    Lot Size
    901,692 SF

    HighLights

    • $3,500,000 asking price for 20.7 acres of commercial land.
    • Located at 415 Roberts Rd, Newport, NC 28570 (APN: 6337.02.79.8421000).
    • HC (Highway Commercial) zoning.
    • Excellent highway visibility and access to Hwy 70; adjacent to Speedway and Walmart.
    • Proximity to Morehead City, future I‑42 bypass, and Cherry Point.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Money Transfer Service Redbox Movie Rental Kiosk Primo Water Refill ... Bottled Water Supplier MoneyGram Money Transfer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.872723
    Latitude
    34.7759881

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    FAQs

    What type of property is this?
    Land - Highway 70 Commercial Land
    Where is this land located?
    The property is located at 415 Roberts Rd Newport, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price for 20.7 acres of commercial land.; Located at 415 Roberts Rd, Newport, NC 28570 (APN: 6337.02.79.8421000).; HC (Highway Commercial) zoning.
    (919) 645-1605
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    415 Roberts Rd Newport, NC 28570
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    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
    415 Roberts Rd Newport, NC 28570
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