Do I need a real estate agent to buy a home in Wilmington NC?

While not legally required, working with a local buyer's agent costs you nothing as a buyer in North Carolina — the seller typically covers both agent commissions. Given the complexity of contracts, due diligence periods, and local market nuance, having an experienced Wilmington real estate agent on your side is strongly advisable. Contact our team to speak with one of our agents before you begin your search.

How long does it take to buy a home in Wilmington NC?

From accepted offer to closing, most transactions in North Carolina close within 30 to 45 days. The due diligence period — during which inspections, financing, and negotiations occur — typically runs two to three weeks. Finding the right property can take anywhere from a few weeks to a few months depending on your criteria and current market conditions.

What is the due diligence fee in North Carolina?

North Carolina uses a unique due diligence system where buyers pay a non-refundable fee directly to the seller in exchange for an agreed period to inspect the property and conduct their research. The amount is negotiable and varies by property value and market conditions. Your Wilmington Realty agent will advise you on what is appropriate for any specific offer.

Can I buy a property and have Wilmington Realty manage it for me?

Yes — this is one of our most common arrangements. Our sales agents assist with the purchase, and once you close, our property management team takes over immediately. You have one point of contact for the full lifecycle of your investment.

How do I get a free home valuation in Wilmington NC?

You can request a free, no-obligation home valuation using the form on this page or by calling Wilmington Realty directly at (910) 477-2447. One of our agents will review comparable sales in your area and provide a realistic market value assessment, typically within 48 hours.

What areas does Wilmington Realty serve for real estate sales?

Wilmington Realty serves the greater Wilmington NC area including all of New Hanover County (Wilmington, Wrightsville Beach, Downtown Wilmington, Historic District, Porter's Neck, Monkey Junction, Kings Grant, Ogden, Castle Hayne, Myrtle Grove, and more), Brunswick County (particularly Leland), and Pender County (including Hampstead).

Why use Wilmington Realty to sell my investment property?

Wilmington Realty's unique position as both a property management company and a real estate brokerage means we have an established pool of investors actively looking to purchase rental properties. We can often match sellers with buyers from within our own inventory, resulting in faster sales, fewer days on market, and smoother tenant transitions.

5420 Highway 70 W, Newport, NC 28570 (MLS# 100299227)

Your search results

$1,825,000

5420 Highway 70 W
Newport, NC 28570
MLS# 100299227
Status: Closed
8990 sqft

1 / 31

Property Description
Was previously the VA medical office but was vacated in April 2022, Great medical office or call center with many office and conference rooms.

Details

Maps

Building/Ext Features

# of Parking Spaces: 57

Lot Acres: 1.65

Lot SqFt: 71743

Lot Dimensions: Irregular

Location Type: Mainland

Contract Info

Sub-Type: Improved

Garage: N/A

Space: Yes

Sale/Lease: Sale

Auction: No

List Price/SqFt: 222.47

Stipulation of Sale: Standard

Status: Closed

Marketing Start Date: 2021-11-04

Listing Price: 2000000

Current Price: $1,825,000

Location Information

City Limits: No

Marketing City: Morehead City

Secondary Subdivision: N/A

Street #: 5420

Street Name: Highway 70

Post Direction: W

County: Carteret

State/Province: NC

Zip Code: 28570

Subdivision: Not In Subdivision

Geo Lat: 34.744745

Geo Lon: -76.825922

Remarks and Showing

Sign on Property: Yes

Directions to Property: Going Highway 70 West just past Brandywine Bay

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 875995

Deed Book: 1345

Deed Page: 164

Legal: ACRES HWY 70 MOREHEAD CITY

Broker Owner: No

PID: 635606299049000

Tax Identifier: 635606299049000

Plat Book: 30

Plat Page: 261

Special Assessments: none

Tax Year: 2020

Zoning: CH

HOA: No

Cobra Zone: No

Year Built: 2003

Business Type

Business Flex: 1

Medical: 1

Professional/Office: 1

Retail: 1

Shopping Center: 1

HOA and Neigh Amenities

See Remarks: 1

Attic

None: 1

Basement

None: 1

C & I Features

None: 1

Construction

Steel Frame: 1

Exterior Finish

Aluminum Siding: 1

Brick Veneer: 1

Terms

Cash: 1

Conventional: 1

Foundation

Slab: 1

Flooring

Carpet: 1

Laminate: 1

Vinyl: 1

Fuel Tank

None: 1

Green Bldg Features

None: 1

Parking Features

Lighted: 1

Paved: 1

Sale/Lease Includes

Buildings: 1

Land: 1

Roof

See Remarks: 1

Road Type/Frontage

4+ Lanes: 1

Road/Trans Access

Airport: 16+ Miles

State Highway: Less than 5 Miles

Cooling

Central Air: 1

Location

Freestanding: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Water Heater

Electric: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Sewer

Septic Tank: 1

BuildingExt Features

SqFt - Heated (Primary): 8990

Status Change Info

Under Contract Date: 2022-08-24

Sold Price: $1,825,000

Sold Date: 2022-10-31

Property Features

Business Type: Business Flex; Medical; Professional/Office; Retail; Shopping Center

HOA and Neigh Amenities: See Remarks

Attic: None

Basement: None

Construction: Steel Frame

Exterior Finish: Aluminum Siding; Brick Veneer

Flooring: Carpet; Laminate; Vinyl

Foundation: Slab

Fuel Tank: None

Green Bldg Features: None

Parking Features: Lighted; Paved

Roof: See Remarks

Location: Freestanding

Cooling: Central Air

Heating: Heat Pump

Heating System Fuel Source: Electric

Water Heater: Electric

Utilities: Water Available

Sewer: Septic Tank

Water Source: Municipal Water

Terms: Cash; Conventional

IDX

Listing Office: Hamad Realty

Last Updated: November - 02 - 2022

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