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    Property profile & analytics

    5880 Hwy 70 Newport, NC 28570

    • Auto shops
    • 7,213 SF
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Jan 09, 2023
    Location Intelligence
    Property ID
    US53-2803853
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 5880 Hwy 70

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    2.20 lot acres
    Property size
    7,213 SF
    Property type
    Auto shops
    APN
    6347.04.63.8115000
    APU
    634704638115000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.8461
    Latitude
    34.7563
    CBSA code
    33980
    CBSA name
    MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,479
    $170,766
    $169,722
    $340,488
    -
    $170,766
    $169,722
    $340,488

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      1012 Hwy 24

      AUTO REPAIR, GARAGE • 1,800 SF
      1012 Hwy 24, Newport, NC 28570-7210
      View Details
    • Value Estimation by Request
      2,672 SF

      5881 Hwy 70

      AUTO REPAIR, GARAGE • 2,672 SF
      5881 Hwy 70, Newport, NC 28570-7939
      View Details
    • Value Estimation by Request
      840 SF

      144 Fox Dr

      AUTO REPAIR, GARAGE • 840 SF
      144 Fox Dr, Bogue, NC 28570
      View Details
    • Value Estimation by Request
      1,576 SF

      Newport, NC 28570

      AUTO REPAIR, GARAGE • 1,576 SF
      Newport, NC 28570
      View Details
    • Value Estimation
      $55,000
      1,176 SF

      839 Hibbs Rd

      AUTO REPAIR, GARAGE • 1,176 SF
      839 Hibbs Rd, Newport, NC 28570-9126
      View Details
    • Value Estimation by Request
      1,404 SF

      Newport, NC 28570

      AUTO REPAIR, GARAGE • 1,404 SF
      Newport, NC 28570
      View Details

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    5880 Hwy 70
    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
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