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34086849
34086848

U.S. Hwy 70, Newport, NC 28570

BH
NC NC 52915
Income Properties of Raleigh, Inc.
RE
NC 250178
Income Properties of Raleigh, Inc.
Income Properties of Raleigh, Inc.
Listed by Income Properties of Raleigh, Inc.
$9,000,000
3 days on market
Updated 3 days ago

Newport Development Land - NC Hwy 70

Details
Property Type Land
Sub Type Commercial
Acreage 41.420
Zoning Residential

Land | 41.42 acres

Marketing description

A rare 42-acre mixed-use development opportunity positioned directly on U.S. Highway 70, the primary east–west commercial corridor serving Newport, Morehead City, and the Crystal Coast. This large-format tract offers exceptional frontage, visibility, and direct highway access, creating a scalable platform for QSR, retail, hotel, medical, multifamily, or flex development. Surrounded by established multi-family and single family residential neighborhoods and anchored by nearby commercial drivers—including Food Lion, Newport ABC Store, and the Hwy 70 retail node—the site sits within a rapidly growing trade area with strong traffic counts and sustained demand for new commercial and residential product. This is one of the largest remaining development tracts on Hwy 70, offering a unique chance to deliver a high-impact mixed-use project in a proven growth corridor.

Investment highlights

  • Approx. 41.42+/- Acres
  • Food Lion adjacency
  • 3K Ft +/-Highway frontage
  • Hwy 70 Regional access
  • Residential zoning
  • Potential Mixed-use QSR, retail, hotel, medical, multifamily or flex development
  • Utilities are available
  • 2024 AADT 24,000

Listing Contacts

BH
NC NC 52915
Income Properties of Raleigh, Inc.
RE
NC 250178
Income Properties of Raleigh, Inc.
Income Properties of Raleigh, Inc.
Listed by Income Properties of Raleigh, Inc.

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Additional Information

Name
Bill Hicks
License
NC 52915
Brokerage
INCOME PROPERTIES OF RALEIGH INC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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