3 Us Highway 70 Newport, NC 28570
This exceptional 0 square foot industrial land parcel, located at Lot 3 US Hwy 70 in Newport, North Carolina, presents a unique investment opportunity. Priced at $750,000, this property boasts significant road frontage on a high-traffic section of US Highway 70, directly adjacent to the newly constructed Smithfield's Chicken and BBQ. Its strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial or industrial developments. All necessary utilities are readily available on-site, simplifying the development process. Furthermore, the presence of a storm water pond addresses crucial infrastructure needs. The property is classified as both industrial land and warehouse space, offering flexibility for potential buyers. Situated in Carteret County, zip code 28570, this lot provides easy access to Newport's amenities and transportation networks. The coordinates are 34.7834102 latitude and -76.8490328 longitude. This is a rare chance to acquire a well-positioned, ready-to-develop site in a thriving area. The high traffic count on US Highway 70 guarantees significant exposure for any future business established on this land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.