Listing Agency: Keller Williams - Outer Banks

Listed By: Emily Walski

Source: Exprealty

Added: Apr 19 Changed: Aug 10 Last Checked: Aug 11 at 12:52PM

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Investment Insights

Based on property information with market context.

This commercial property is located on Caratoke Highway and offers high visibility. Situated on approximately 0.92 acres, this automotive property provides functionality and potential. The main shop, built in 2003, combined with the original structure (1989) now utilized for additional garage/storage space, provides approximately 4,240 square feet of usable shop space. The layout is designed for efficiency, offering multiple service bays along with a dedicated office area. This property is being offered with equipment already in place, including two vehicle lifts, two wheel balancers, two tire changers, and a wheel bearing press. The property benefits from road frontage and consistent daily traffic, providing exposure for any business.

Key Highlights

• High‑visibility location on Caratoke Highway with significant road frontage and daily traffic.
• Approximately 4,240 sq ft of usable shop space with multiple service bays and a dedicated office area.
• Includes valuable equipment: two vehicle lifts, two wheel balancers, two tire changers, and a wheel bearing press.

Property Analytics

Property Profile

Current Use

Riviera Tire (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Bed & Breakfast Restaurant Hotel & Motel

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

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 27965, NC

563

Population

242

Households

2.3

Avg Household Size

41

Median Age

16%

College-Educated

80%

High-School Grad

18.1 sq mi

ZIP Area

31

Density / Sq Mi

$61,864

Median Household Income

$60,260

Median Earnings

$279,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Automotive property - Versatile automotive property with high visibility and valuable equipment.

Where is this automotive property located?

The property is located at 5574 Caratoke Highway Poplar Branch, NC.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: High‑visibility location on Caratoke Highway with significant road frontage and daily traffic.; Approximately 4,240 sq ft of usable shop space with multiple service bays and a dedicated office area.; Includes valuable equipment: **two vehicle lifts, two wheel balancers, two tire changers, and a wheel bearing press.**