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    6842 Caratoke Hwy Grandy, NC 27939

    For Sale
    $439,000

    Commercial - Grandy, NC

    Lot size:
    499,633.00 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 6842 Caratoke Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    499,633.00 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Seaside Realty (252) 261-3800 [email protected]

    Listing agent John Leatherwood (252) 261-3800 License #86507

    Listing date Oct 27, 2025

    MLS# 129821 Listing URL

    Copyright © 2025 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Commercial Land Opportunity

    This 11.47-acre commercial tract is located in North Jarvisburg, with a Grandy address. Situated along the NC 158 Caratoke Highway corridor, the property benefits from high visibility and traffic volume, with all north-south traffic passing along this route. The land features 1128 feet of road frontage on the west side of Caratoke Highway, which has a 120-foot right-of-way. The south property line extends 466 feet along Betsy Dowdy Private Road, while the rear (west) property line measures 1057 feet, and the north property line is 463 feet. A preliminary plat from 2004 reflects a potential subdivision of 7 commercial lots and 1 residential lot, with the residential lot intended to contain a wet detention basin. The property is zoned General Business (GB), offering versatile development options, including the possibility of single-family homes, allowing for a live-work arrangement. The preliminary development plan suggests that individual lots could be connected by a common access feeder road to Betsy Dowdy Road for highway access. The sellers had named this project the "SUNSET COMMERCIAL SUBDIVISION". The property is located in Flood Zone "X", eliminating the requirement for flood insurance. Potential uses include restaurants, grocery stores, and strip mall shopping centers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Parts Store Department Store Kitchen & Bath Food Market Garden Center Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grandy
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.8725907
    Latitude
    36.2168304

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    FAQs

    What type of property is this?
    Commercial land - 11.47 acre commercial land with high visibility and traffic.
    Where is this commercial land located?
    The property is located at 6842 Caratoke Hwy Grandy, NC.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: - High visibility location on NC 158 (Caratoke Highway) with substantial traffic flow.; - 11.47-acre tract with 1128 feet of road frontage on Caratoke Highway.; - Zoned General Business (GB), offering versatile development options.
    (252) 261-3800
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    6842 Caratoke Hwy Grandy, NC 27939
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6842 Caratoke Hwy Grandy, NC 27939
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