Property profile

996 Us 70th E Hwy New Bern, NC 28560

OFF-MARKET
Outlet malls
Property ID
US53-3516748
6,803 SF 0.75 ac lot Built 2007
Individually Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2007
Construction WOOD
Total area 6,803 SF
Lot 0.75 ac (32,670 SF)
APN 7-009 -016
UPID US53-3516748

Cap rate & NOI

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

Location

996 Us 70th E Hwy New Bern, NC 28560-6536
New Bern metro Census 961002 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.07M
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$490k

Owner & transaction history

since 2007
1 recorded transaction
2007
$650,000

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.4M +68.5%
Restaurant $2.3M +60.7%
Commercial (general) $1.5M +9.8%

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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