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    355 Caratoke Hwy Moyock, NC 27958

    For Sale
    $1,255,000

    Prime Currituck County development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 3.58-acre commercial parcel is strategically located on the bustling Caratoke Highway in Moyock, North Carolina, a rapidly expanding area within Currituck County – one of the fastest-growing counties in the state. The property, identified as Tract 3, presents a unique investment chance for discerning entrepreneurs. It's crucial to note that Tract 3 is being sold exclusively with Tracts 4 and 5 as a package. However, the seller is open to selling either Tract 4 or Tract 5 individually, without any planned property improvements. Detailed information regarding the individual lots (Tracts 4 and 5) can be found in the Multiple Listing Service (MLS). This cleared land is ready for immediate development, making it ideal for a variety of business ventures. Prospective buyers are encouraged to conduct thorough due diligence to determine the suitability of the property for their specific business plans. For comprehensive information on permissible business types and zoning regulations, interested parties should contact the Currituck County Planning Department and the Economic Development Department. The asking price for this significant commercial opportunity is $1,255,000.

    Property Features for 355 Caratoke Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    155,945 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Moyock
    County
    MOYOCK NC
    State
    North Carolina
    Longitude
    -76.18433
    Latitude
    36.53423

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Currituck County development opportunity.
    Where is this commercial real estate located?
    The property is located at 355 Caratoke Hwy Moyock, NC.
    What is the asking price?
    The asking price for this property is $1,255,000.
    (252) 232-3255
    Request Owner's contact information
    355 Caratoke Hwy Moyock, NC 27958
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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
    355 Caratoke Hwy Moyock, NC 27958
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