Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    913 Caratoke Lot 2 Hwy Moyock, NC 27958

    Sponsored
    For Sale
    $799,900

    COMMERCIAL - Moyock, NC

    Lot size:
    19.17 Acres
    Days on Market:
    8
    Last Refresh:
    Feb 20 at 4:06 pm

    Property Features for 913 Caratoke Lot 2 Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Hi: Heavy Industrial
    APN
    0015000031b0000
    Lot size
    19.17 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Gela Johnston
    Gela Johnston

    Howard Hanna WEW/Moyock (252) 435-6100

    Listing agent Gela Johnston (757) 409-6901 License #294634

    Listing date Feb 13, 2026

    MLS# 100554563

    Copyright © 2026 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Moyock Land with Development Potential

    This property features 19 acres of mostly cleared land in Moyock, North Carolina, situated just off Caratoke Highway. A 2-acre pond adds to the scenic value. The location offers versatile development potential and high visibility near Caratoke Highway. The property is located in a rapid-growth area with strong investment appeal. Possible uses include commercial or mixed-use development, as well as long-term investment or land banking. The zoning is Heavy Industrial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Moyock
    County
    Currituck
    State
    North Carolina
    Longitude
    -76.152952
    Latitude
    36.508654

    Nearby Similar for Sale

    • $4,600,000
      8,400 SF

      Moyock Golf Club and Grill

      Full-service golf and hospitality destination near the Outer Banks corridor.
      109 Green View Rd, Moyock, NC 27958
      View Details
    • $1,250,000
      4.93 Acres

      Prime Moyock Land - 4.93 Acres

      Exceptional development opportunity in Moyock, NC.
      Tbd Caratoke Hwy Hwy, Moyock, NC 27958
      View Details
    • $5,000,000
      55.37 Acres

      Prime Moyock, NC Land Opportunity

      55 Acres, Highway Frontage, $5M
      220 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $1,255,000
      3.58 Acres

      Prime Moyock Highway Commercial Land

      3.58 Acres, High Visibility, Investment Opportunity
      355-365 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $1,200,000
      3.24 Acres

      Prime Moyock Highway Commercial Land

      3.24 Acres, High-Visibility Location
      335/349 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $427,050
      1.17 Acres

      Moyock Highway Commercial Land

      1.17 Acres, Prime Location, $427,050
      359 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $438,000
      1.20 Acres

      Moyock, NC Waterfront Opportunity

      1.2-Acre Waterfront Lot, $438,000
      365 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $1,200,000
      1.16 Acres

      Established Moyock Car Wash Business

      Profitable Car Wash, Excellent Location
      102 Currituck Commercial Dr, Moyock, NC 27958
      View Details
    • $1,200,000
      3.24 Acres

      High-Visibility Moyock Commercial Land

      Prime 3.24-Acre Commercial Lot
      335 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $1,255,000
      3.58 Acres

      Moyock Highway Commercial Land

      Prime Currituck County development opportunity.
      355 Caratoke Hwy, Moyock, NC 27958
      View Details
    • $2,200,000
      1.12 Acres

      Moyock Office Building Investment

      Income-producing office building with leasing potential.
      111 Currituck Commercial Dr, Moyock, NC 27958
      View Details

    FAQs

    What type of property is this?
    Commercial land - 19 acres in Moyock, NC, ideal for commercial development.
    Where is this commercial land located?
    The property is located at 913 Caratoke Lot 2 Hwy Moyock, NC.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - 19 Acres of Mostly Cleared, Usable Land; - Prime Location Just Off Caratoke Highway; - Scenic 2-Acre Pond
    (757) 409-6901
    Request Owner's contact information
    913 Caratoke Lot 2 Hwy Moyock, NC 27958
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    913 Caratoke Lot 2 Hwy
    Moyock, NC 27958
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    913 Caratoke Lot 2 Hwy Moyock, NC 27958
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gela Johnston
    Gela Johnston
    Real Estate License ID: 294634
    (757) 409-6901 (757) 409-9601 (252) 435-6100
    Learn more
    Google sign-in failed. Please try again or use another login method.