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    003 Caratoke Hwy Currituck, NC 27929

    Sponsored
    For Sale
    $2,000,000

    Dual-zoned residential & commercial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 43-acre parcel, located at 003 Caratoke Highway, Currituck, NC 27929, presents a rare investment opportunity. The property boasts dual zoning, designated GB & SFM, allowing for both residential and commercial development. This flexibility makes it ideal for developers seeking to create a mixed-use project or for investors looking to capitalize on the thriving Currituck market. The expansive lot size offers ample space for subdivision, maximizing potential returns. Situated in Currituck County, North Carolina, this prime location offers easy access to local amenities and attractions. The asking price is $2,000,000. With its strategic zoning and substantial acreage, this property represents a significant opportunity for substantial growth and return on investment. The possibilities are endless, from residential communities to commercial ventures. Don't miss this chance to acquire a large, versatile land parcel in a desirable location. Serious inquiries only.

    Property Features for 003 Caratoke Hwy

    General Information

    Property type
    Land
    Lot Size
    1,873,080 SF

    HighLights

    • 43‑acre parcel in Currituck, NC, at 003 Caratoke Highway, listed at $2,000,000.
    • Dual GB & SFM zoning allows for residential and commercial development.
    • Large lot size ideal for subdivision and maximizing returns.
    • Prime Currituck County location with easy access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Skin Care Clinic Food Market Grocery Store Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Currituck
    County
    Currituck
    State
    North Carolina
    Longitude
    -76.024579472373
    Latitude
    36.453001659184

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    Nearby Similar for Sale

    • $790,000
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      Prime Currituck County Land Opportunity

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      100 Gardner Farm Ln, Currituck, NC 27929
      View Details
    • $790,000
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      Thriving Eatery, Prime Location, High Profits
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      Currituck, NC Grocery Store Investment

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      100 Gardner Farm Ln, Currituck, NC 27929
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    FAQs

    What type of property is this?
    Land - Dual-zoned residential & commercial land.
    Where is this land located?
    The property is located at 003 Caratoke Hwy Currituck, NC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 43-acre parcel in Currituck, NC, at 003 Caratoke Highway, listed at $2,000,000.; Dual GB & SFM zoning allows for residential and commercial development.; Large lot size ideal for subdivision and maximizing returns.
    (252) 207-2223
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    003 Caratoke Hwy Currituck, NC 27929
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    Currituck, NC 27929
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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
    003 Caratoke Hwy Currituck, NC 27929
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