$2,975,000

About this home

Rare 68-ac parcel with multi-zoned and mixed used opportunity buy while you can in its entirety or can be broken up as follows. Parcel #1 20ac-ZONED Industrial Warehouse on this commercial parcel with 700' of frontage to the Norfolk Southern Railway at the east side parcel line. Parcel #2 26-ac ZONED R-20 (Allowable uses in listing docs; to include single family, duplex, office, schools). We also have a preliminary design for 68-duplex units in this listing. Parcel #3 22-ac Zoned R-20, we also have a preliminary design for 36-duplex units. The Port of Morehead traded (2024) $464 million in goods, producing a $2.5 billion in local economy and MC Air Base Cherry point as of (2024) produced $2.6 billion economic impact and will produce an additional 5,000 jobs in the F35 program to be completed 2030! The completion of HWY 42 in 2027 will only grow this opportunity and raise land prices in the future. Ideally situated within Newport city limits and offering endless potential for development. With water and sewer available through the Town of Newport, this property is primed for a wide range of industrial, warehouse, or commercial uses. Possibles for rezoning to Planned Unit Development (PUD), townhouses, apartments, duplex units or section 8 could exist. Location is everything, and this PARCEL delivers. Positioned centrally to Newport, Morehead City, and Havelock (home to MCAS Cherry Point), the property offers convenient access to the surrounding region's commercial, residential, and military communities -- making it an ideal hub for businesses serving Eastern Carteret and Craven Counties. Beyond its commercial advantages, this parcel benefits from an exceptional neighborhood setting. It sits approximately a quarter-mile from both Newport Elementary and Newport Middle School, as well as Fort Benjamin Park and Recreation Center -- a premier community amenity featuring soccer and ballfields, basketball, tennis, and pickleball courts, playgrounds, a running track, walking trails, and an indoor activities center. This proximity to schools and recreational amenities adds long-term value and appeal, whether for workforce accessibility or future mixed-use potential. This listing is one of three available parcels in the highly sought after Newport, NC., offering flexibility for investors or developers looking to acquire additional acreage or phase a larger project. Whether you're planning a warehouse, distribution center, light industrial facility, or another qualifying commercial use, this property offers the zoning, utilities, and location to make it happen. Don't miss your chance to secure a foothold in one of Newport's most strategically located commercial corridors. Hwy 42 connecting Garner to the Port of Morehead has been under construction for 8-years to be completed late 2027. Hwy 42 will greatly improve transportation, freight movement, and tourism. Take advantage before Hwy 42 to be completed and the land prices WILL reflect it! As well city utilities available and room to grow this 68-acre parcel is ready for your vision. Contact us today to learn more about this RARE listing or if your needs are to buy these 3-TRACTS individually before they are gone!

Property details

MLS #

100609565

Property type

Mixed Use

Subdivision

Not In Subdivision

Status

Active

Days on market

5

On market date

October 10, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

68 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.