Newport Development Land - NC Hwy 70
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
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