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    6562 Caratoke Hwy Grandy, NC 27939

    Sponsored
    For Sale
    $339,000

    Prime location, 3.45 acres, highway frontage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3.45-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located at 6562 Caratoke Highway in Grandy, North Carolina, this property boasts an impressive 439 feet of highway frontage, ensuring maximum exposure to a steady stream of traffic. Previously the site of the Goose Creek Golf Club, the land is now cleared and level, ready for immediate development. The existing structures, including the warehouse and clubhouse, have been removed, eliminating any demolition costs and allowing for seamless construction. The property's prime location places it seconds away from the heart of Grandy, offering easy access to local amenities and a thriving community. Given the recent surge in construction activity in the surrounding area, this lot is ideally suited for a diverse range of commercial ventures. Its size and location make it an exceptional investment, promising significant return on investment for the discerning buyer. The level terrain simplifies development, minimizing site preparation costs and accelerating the construction timeline. This is a rare opportunity to acquire a ready-to-develop commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a highly visible and desirable location.

    Property Features for 6562 Caratoke Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    150,282 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grandy
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.87524
    Latitude
    36.23522

    Nearby Comparable

    • $699,000

      Grandy Diner & Adjacent Building

      Turnkey Diner with Extra Building
      6684 Caratoke Hwy, Grandy, NC 27939
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      Waterfront Tiny Home in Grandy

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      Grandy, NC Corner Lot

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    • $225,000
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      Grandy, NC Commercial Lot

      1.64 acre commercial lot with high visibility.
      6410 Caratoke Hwy, Grandy, NC 27939
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    • $289,900
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      Sound Front Lot in Grandy

      Sound front lot with water and sewer in place.
      157 Dolphin Ct, Grandy, NC 27939
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    • $526,500

      Grandy Industrial Land - $526,500

      11.3 Acres, Highway Frontage, Outer Banks Access
      0 Caratoke Hwy, Grandy, NC 27939
      View Details

    Nearby Similar for Sale

    • $175,000
      0.10 Acres

      Waterfront Tiny Home in Grandy

      Charming waterfront tiny home retreat with canal access to Currituck Sound.
      103 Bluefish Ct, Grandy, NC 27939
      View Details
    • $160,000
      0.18 Acres

      Grandy, NC Corner Lot

      Corner lot with move-in-ready mobile home included.
      100 Reef Ln, Grandy, NC 27939
      View Details
    • $289,900
      0.09 Acres

      Sound Front Lot in Grandy

      Sound front lot with water and sewer in place.
      157 Dolphin Ct, Grandy, NC 27939
      View Details
    • $579,000
      1,344 SF

      Prime Grandy, NC Commercial Land

      3.11 Acres, 1344 sqft Building
      6900&6894 Caratoke Hwy, Grandy, NC 27939
      View Details
    • $699,000

      Grandy Diner & Adjacent Building

      Turnkey Diner with Extra Building
      6684 Caratoke Hwy, Grandy, NC 27939
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, 3.45 acres, highway frontage.
    Where is this commercial real estate located?
    The property is located at 6562 Caratoke Hwy Grandy, NC.
    What is the asking price?
    The asking price for this property is $339,000.
    (252) 261-2000
    Request Owner's contact information
    6562 Caratoke Hwy Grandy, NC 27939
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    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
    6562 Caratoke Hwy Grandy, NC 27939
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