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Multi-Unit Industrial Property
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8295 Caratoke Highway, Powells Point, NC 27966

Six-unit commercial asset with established occupancy and convenient regional access.

Property SizeContact for details
Days on Market144

Property Features for 8295 Caratoke Highway

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Re/Max Ultra
Listed By: James Allman · License #NC 265516
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Ultra

Investment Insights

Based on property information with market context.

This industrial property contains six separate units, each currently rented. The asset has maintained occupancy over an extended period, providing an established operating profile across its unit configuration.

Located at 8295 Caratoke Highway in Powells Point, the property is positioned minutes from the Outer Banks and offers access toward destinations to the south. The reported capitalization rate is 10%.

Key Highlights

  • Six separate industrial units
  • All six units are currently rented
  • Reported 10% cap rate

Property Analytics

Current Use

Intoxalock Ignition Interlock Building Supply NC Beach Buggy ... Golf Cart Dealer Wheelz of Steel Car Rental Facility Luxe Kart - OBX Golf Cart Dealer OBXGeeks Tech Support Center

Suggested Use

Top Pick Auto Parts Store Storage Facility Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 27966, NC

1,183
Population
644
Households
1.8
Avg Household Size
41
Median Age
34%
College-Educated
93%
High-School Grad
10.7 sq mi
ZIP Area
111
Density / Sq Mi
$84,338
Median Household Income
$43,000
Median Earnings
$1,346
Median Rent
$328,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Six-unit commercial asset with established occupancy and convenient regional access.
Where is this industrial property located?
The property is located at 8295 Caratoke Highway Powells Point, NC.
What are key features of this property?
This property features: Six separate industrial units; All six units are currently rented; Reported 10% cap rate
(877) 686-7629 Call to check price and availability
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