Technical
Financial
Distress signals
Property profile

7025 Us Hwy 70th E Newport, NC 28570

OFF-MARKET
Retail space
Property ID
US53-2648581
8,100 SF 1.35 ac lot Built 1999
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction STEEL FRAME
Total area 8,100 SF
Lot 1.35 ac (58,762 SF)
Zoning code CH
APN 6338.15.74.4503000
UPID US53-2648581

Cap rate & NOI

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

Location

7025 Us Hwy 70th E Newport, NC 28570-3731
Newport metro Census 970702 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$809k
Blend (final) Blend
$315k

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2020
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CH · Newport, NC
Zoning description

k. CH-CD. l. LI-CD. m. IW-CD. Ord. 2021-02, passed 6-14-21) Share Download Bookmark Print § 6-2.6 PLANNED UNIT DEVELOPMENT DISTRICT. a. General. The Planned Unit Development District (PUD) is a special purpose Conditiona…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.8M +19.2%
Office building $1.7M +14.8%

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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