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    Property profile & analytics

    6645 Hwy 70 Newport, NC 28570-3400

    • Outlet malls
    • 47,379 SF
    • 10.01 lot acres
    OFF-MARKET
    Value Estimation
    $1,060,000
    Location Intelligence
    Property ID
    US53-3857094
    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

    • Western Union / Money Transfer Service / Money Order Service

    Property Details for 6645 Hwy 70

    Year built
    2014
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    10.01 lot acres
    Property size
    47,379 SF
    Property type
    Outlet malls
    APN
    6337.02.89.8924000
    APU
    633702898924000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $935,000
      6.5%
      $905,000
      7%
      $955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $840,000
      Geo Method
      $960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $835,000
      Retail
      $835,000
      Mixed-Use
      $930,000
      Hospitality
      $930,000
      Educational
      $875,000
      Residential Income
      $830,000
      Energy
      $1,030,000
      Income-Based Land
      $905,000
      Food Service
      $905,000

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.8722
    Latitude
    34.7754
    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
    $10,049
    $955,290
    $2,085,245
    $3,040,535
    -
    $955,290
    $2,085,245
    $3,040,535

    Comparable in this City

    • Value Estimation
      $270,000
      9,258 SF

      2969 Hwy 24

      SHOPPING CENTER, STRIP CENTER • 9,258 SF
      2969 Hwy 24, Newport, NC 28570-5091
      View Details
    • Value Estimation
      $400,000
      9,760 SF

      5477 Hwy 24

      SHOPPING CENTER, STRIP CENTER • 9,760 SF
      5477 Hwy 24, Bogue, NC 28570-5551
      View Details
    • 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
      864 SF

      3901 Hwy 101

      BAR, TAVERN • 864 SF
      3901 Hwy 101, Newport, NC 28570-0256
      View Details
    • Value Estimation by Request
      2,664 SF

      234 Chatham St

      RETAIL STORES (PERSONAL SERVICES) • 2,664 SF
      234 Chatham St, Newport, NC 28570
      View Details

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    6645 Hwy 70
    Newport, NC 28570-3400
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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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