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    6900&6894 Caratoke Hwy Grandy, NC 27939

    Sponsored
    For Sale
    $579,000

    3.11 Acres, 1344 sqft Building

    Property size:
    1,344 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 6900 & 6894 Caratoke Highway in Grandy, North Carolina, presents a unique investment opportunity. The property encompasses a generous 3.11 acres of land, providing ample space for a variety of commercial ventures. A substantial building, totaling 1,344 square feet, is situated on the lot, offering immediate potential for use or redevelopment. The building's current configuration is unspecified, allowing for flexibility in adapting the space to suit specific business needs. The strategic location on Caratoke Highway ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure to local traffic. The property's size and location in Grandy, NC, offer significant potential for growth and return on investment. This is a rare opportunity to acquire a substantial commercial property in a desirable location, ready for immediate use or future development. The asking price is $579,000. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and zoning regulations are available upon request. Don't miss this chance to secure a prime commercial asset in a thriving area.

    Property Features for 6900&6894 Caratoke Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,344 SF
    Lot Size
    135,472 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grandy
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.89261
    Latitude
    36.25483

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    FAQs

    What type of property is this?
    Commercial real estate - 3.11 Acres, 1344 sqft Building
    Where is this commercial real estate located?
    The property is located at 6900&6894 Caratoke Hwy Grandy, NC.
    What is the asking price?
    The asking price for this property is $579,000.
    (252) 435-1173
    Request Owner's contact information
    6900&6894 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
    6900&6894 Caratoke Hwy Grandy, NC 27939
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