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6650 Highway 70 - Lot 3 1.02 - 1.08 Acre Commercial Land Lots Offered at $479,055 - $1,026,547 CAD Per Lot in Newport, NC 28570
Investment Highlights
- Zoned for Commercial Highway use, allowing flexible development options.
- Seasonal traffic increases by up to 40% during summer months, boosting exposure.
- Future I-42 upgrades will enhance regional connectivity and freight movement.
- High visibility along US Highway 70 with traffic counts exceeding 20,000 vehicles daily.
- Located near major coastal destinations, including Morehead City and Atlantic Beach.
- Strong local demographics with median household incomes above $70,000 in surrounding areas.
Executive Summary
Established Retail Neighbors: Immediately adjacent to Smithfield's Chicken 'N BBQ and directly across from a Walmart Neighborhood Market, ensuring high existing consumer traffic.
Development-Ready Lot: This 1.08-acre (approximately 47,045 sq. ft.) parcel is cleared, level, and ready for construction.
Prime Commercial Zoning: Zoned Commercial Highway (CH), allowing for flexible high-impact uses such as retail, restaurants (QSR), or medical offices.
High Daily Traffic Counts: Features an average of 20,000 to 22,000 vehicles per day, with seasonal traffic surges of up to 40% during peak summer months.
Full Utility Access: Available on-site utilities include municipal water and sewer (Town of Newport), Duke Energy electric, and Piedmont Natural Gas.
Strong Local Demographics: Positioned in a market with a median household income of approximately $76,091, providing a solid customer base for new businesses
Property Facts
| Price | $479,055 - $1,505,603 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 2 | Total Lot Size | 2.10 AC |
| Property Type | Land | ||
| Zoning | CH - Commercial Highway | ||
| Price | $479,055 - $1,505,603 CAD |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.10 AC |
| Zoning | CH - Commercial Highway |
2 Lots Available
Lot 2
| Price | $479,055 CAD | Lot Size | 1.02 AC |
| Price Per AC | $469,662.24 CAD |
| Price | $479,055 CAD |
| Price Per AC | $469,662.24 CAD |
| Lot Size | 1.02 AC |
This 1.02-acre commercial outparcel at 6650 US Highway 70 (Lot 2) represents a premier development opportunity in the heart of Newport’s expanding retail corridor. Strategic Location & Visibility High-Traffic Intersection: Positioned at a signalize
Lot 3
| Price | $1,026,547 CAD | Lot Size | 1.08 AC |
| Price Per AC | $950,506.91 CAD |
| Price | $1,026,547 CAD |
| Price Per AC | $950,506.91 CAD |
| Lot Size | 1.08 AC |
This 1.08-acre commercial outparcel at 6650 US Highway 70 (Lot 3) represents a premier development opportunity in the heart of Newport’s expanding retail corridor. Strategic Location & Visibility High-Traffic Intersection: Positioned at a signalize
Description
6650 US Highway 70, Lot 2 & 3 in Newport, NC is adjacent to Smithfield's Chicken 'N Bar-B-Q and across US HWY 70 from Walmart Neighborhood Market at a signalized intersection. Strategically positioned along the Future I-42 Corridor, a major high-speed interstate upgrade connecting Raleigh to the Port of Morehead City. Located on the primary 'Crystal Coast' thoroughfare with direct proximity to the newly opened Havelock Bypass. Unmatched exposure at a signalized intersection on US Highway 70 East, the region’s dominant commercial artery Situated at the 'Gateway to the Coast,' capturing both heavy local traffic and high-volume seasonal tourism.
Presented by
6650 Highway 70 - Lot 3
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