Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Barco Land For Sale Title is generated by Realmo AI

    Tbd Caratoke, Barco, NC 27917

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $327,000

    Lots/Land/Farm, Land - Barco, NC

    Type:Farm
    Lot size:
    22.95 Acres
    Added:
    May 3, 2026
    Days on Market:
    8
    Last Refresh:
    May 10 at 11:06 pm

    Property Features for Tbd Caratoke

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    Lot size
    22.95 Acres

    Taxes and HOA fees

    Tax Annual Amount
    297600

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Durene K High
    Durene K High

    Listing agent Durene K High

    Listing office Oceanfront/Coastal 800 Laskin Road, NC

    Listing date May 3, 2026

    MLS# 100571319 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location off Caratoke Hwy with General Business zoning.
    • Great visibility from both north and south bound traffic on 158.
    • Conveniently located: 30 miles to Chesapeake, 35 miles to OBX, and 20 miles to Elizabeth City.
    • Located off Caratoke Hwy.
    • Zoned General Business.
    • High visibility on 158.

    Overview

    This 22.95-acre parcel of land is zoned for general business and offers high visibility from both north and south bound traffic on Caratoke Highway. The location is approximately 30 miles from Chesapeake, 35 miles from the Outer Banks (OBX), and 20 miles from Elizabeth City. The property is located in Barco, North Carolina.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Barco
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.971072
    Latitude
    36.379424

    Nearby Similar for Sale

    • $327,000

      Barco, NC Land For Sale

      22.95 acre commercial land with general business zoning.
      Caratoke Highway lot: 3, Barco, NC 27917
      View Details
    • $945,000

      Waterfront Land with Canal Frontage

      92-acre waterfront and canal front property with development potential.
      4161 Caratoke Highway lot: 1&2, Barco, NC 27917
      View Details
    • $945,000

      Waterfront Land with Canal Frontage

      92-acre waterfront and canal front property with development potential.
      4161 Caratoke Highway, Barco, NC 27917
      View Details
    • $327,000

      Barco, NC Land For Sale

      22.95 acre commercial land with great visibility.
      22AC Caratoke HWY, Barco, NC 27917
      View Details
    • $327,000

      Prime Land on Caratoke Highway

      22.95 acres of commercially zoned land with high visibility.
      22AC Caratoke Highway, Barco, NC 27917
      View Details
    • $945,000

      Waterfront Land with Canal Frontage

      92-acre waterfront and canal front property in Currituck County.
      4161 Caratoke HWY, Barco, NC 27917
      View Details
    • $495,000

      Barco, NC Commercial Land

      7.48 acres of commercial land in Barco, North Carolina.
      160 Shortcut Road, Barco, NC 27917
      View Details
    • $2,999,000

      Expansive Farmland in Currituck County

      80.77 acre tract ideal for farming or development.
      Shortcut Road, Barco, NC 27917
      View Details
    • $1,278,180

      Currituck Farmland for Sale

      94.68 acre farmland centrally located in Currituck, North Carolina.
      0000 Shortcut Road, Barco, NC 27917
      View Details
    • $1,278,180

      94.68 Acre Farm Land

      94.68 acre farm land centrally located in Currituck, NC.
      Shortcut Road, Barco, NC 27917
      View Details

    FAQs

    What type of property is this?
    Commercial land - 22.95 acre commercial land with high visibility.
    Where is this commercial land located?
    The property is located at Tbd Caratoke Barco, NC.
    What is the asking price?
    The asking price for this property is $327,000.
    What are key features of this property?
    This property features: Prime location off Caratoke Hwy with General Business zoning.; Great visibility from both north and south bound traffic on 158.; Conveniently located: 30 miles to Chesapeake, 35 miles to OBX, and 20 miles to Elizabeth City.
    (888) 536-0216
    We can help!
    Listing Contact
    Durene K High
    Durene K High
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Tbd Caratoke, Barco, NC 27917
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!