Property profile

1180 Hwy 24 Newport, NC 28570

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2657038
10,688 SF 1.4 ac lot Built 1984
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1984
Construction WOOD
Total area 10,688 SF
Lot 1.4 ac (60,984 SF)
Zoning code B1
APN 6346.01.25.6202000
UPID US53-2657038

Cap rate & NOI

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

Location

1180 Hwy 24 Newport, NC 28570-8141
Newport metro Census 970603 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$415k

Owner & transaction history

since 2012
2 recorded transactions
2012
$800,000
2012
$800,000

Zoning & alternative use

B1 · Newport, NC

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1180 Hwy 24?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message