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    4987 Caratoke Hwy Coinjock, NC 27923

    Sponsored
    For Sale
    $339,505

    Large waterfront lot, ample space. Ideal for various uses.

    Property size:
    7,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 4987 CARATOKE Highway in Coinjock, North Carolina, presents a unique investment opportunity. Boasting a substantial 7,200 square feet of space, this property sits on a generous 2.12-acre lot, offering significant potential for development or expansion. The property's "Other" classification allows for a wide range of uses, subject to local zoning regulations. The asking price is $339,505. Its prime location on CARATOKE Highway provides excellent visibility and accessibility. The expansive lot size offers ample room for parking, outdoor storage, or future construction. Given its size and location, this property is well-suited for a variety of commercial ventures, from retail and warehousing to light industrial uses. Interested parties are encouraged to conduct their own due diligence to determine the suitability of the property for their specific needs and to verify zoning regulations and permitted uses. The property's significant size and strategic location make it a compelling investment opportunity in the vibrant Coinjock market. Serious inquiries only.

    Property Features for 4987 Caratoke Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,200 SF
    Lot Size
    92,347 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Pac Medical Clinic Storage Plus Storage Facility

    Suggested Use

    Auto Repair Shop Storage Facility Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Coinjock
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.94061
    Latitude
    36.32694

    Nearby Comparable

    • $152,505
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      Coinjock Commercial Land For Sale

      Commercial land with high visibility on the main highway.
      4985 Caratoke Hwy, Coinjock, NC 27923
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    • $152,505
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      Coinjock Commercial Land For Sale

      Under one acre of commercial land with highway visibility.
      4985 Caratoke Hwy, Coinjock, NC 27923
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    • $129,000
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      Coinjock Land For Sale

      Highway frontage property near Outer Banks, Elizabeth City, and Virginia.
      4985 Caratoke Hwy, Coinjock, NC 27923
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    • $511,505
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      Coinjock Highway Commercial Property

      Large waterfront commercial building, 4.78 acres.
      4995 Caratoke Hwy, Coinjock, NC 27923
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    • $149,000
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      Coinjock Commercial Land - $149K

      1.31 Acres, High-Traffic Highway Location
      0 Tbd Caratoke Hwy, Poplar Branch, NC 27923
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    • $5,750,000
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      Waterfront Land in Coinjock, NC

      95 acres of waterfront land with mixed zoning.
      150 Hampton Rd, Coinjock, NC 27923
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    • $5,750,000
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      Coinjock Land with Development Potential

      95 acre Coinjock land parcel zoned for multiple uses.
      150 Hampton Rd, Coinjock, NC 27923
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    • $359,000
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      Coinjock, NC Prime Land Parcel

      10.4 acre parcel zoned for general business or residential.
      138 Worth Guard Rd, Coinjock, NC 27923
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    Nearby Similar for Sale

    • $511,505
      8,740 SF

      Coinjock Highway Commercial Property

      Large waterfront commercial building, 4.78 acres.
      4995 Caratoke Hwy, Coinjock, NC 27923
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Large waterfront lot, ample space. Ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 4987 Caratoke Hwy Coinjock, NC.
    What is the asking price?
    The asking price for this property is $339,505.
    (757) 428-4600
    Request Owner's contact information
    4987 Caratoke Hwy Coinjock, NC 27923
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    Coinjock, NC 27923
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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
    4987 Caratoke Hwy Coinjock, NC 27923
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