Property profile

2 Roberts Rd Newport, NC 28570

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land parcel, identified as Lot 2 Roberts Road in Newport, North Carolina, presents a unique investment opportunity. Situated in a high-traffic area directly behind the newly constructed Smithfield's Chicken and BBQ, this property boasts excellent visibility and accessibility. The lot offers convenient road frontage on Roberts Road and provides legal access from US 70, ensuring ease of access for both customers and employees. This single-tenant property is ideal for a variety of commercial uses, benefiting from the presence of established businesses in the immediate vicinity. The land itself is undeveloped, offering 0 square feet of existing building space, providing complete flexibility for future construction. All essential utilities are readily available on-site, simplifying the development process. Furthermore, a storm water pond is already in place, addressing potential drainage concerns. The property's location in Carteret County, North Carolina, and its proximity to US 70, make it an attractive proposition for businesses seeking a strategic location with high visibility and convenient access. The zip code for this property is 28570. This is a blank canvas ready for your vision.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Roberts Rd Newport, NC 28570
Newport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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