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    6900&6894 Caratoke Hwy Grandy, NC 27939

    • Commercial real estate
    • 1,344 SF
    • 3.11 lot acres
    For Sale
    View listing
    $579,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6900&6894 Caratoke Hwy

    Year built
    1998
    Lot size
    3.11 lot acres
    Property size
    1,344 SF
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grandy
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.8926
    Latitude
    36.2548

    Comparable in this City

    • Value Estimation by Request

      Caratoke Hwy

      Land
      0 Caratoke Hwy, Grandy, NC 27939
      View Details
    • Value Estimation
      $465,000
      0.92 Acres

      Caratoke Hwy

      COMMERCIAL (GENERAL) • 0.92 Acres
      Caratoke Hwy, Grandy, NC 27939
      View Details
    • Value Estimation
      $385,000
      2,004 SF

      Waterfront Dr

      COMMERCIAL (GENERAL) • 2,004 SF
      Waterfront Dr, Grandy, NC 27939
      View Details
    • Value Estimation by Request
      902 SF

      101 Edgewater Dr

      Commercial real estate • 902 SF
      101 Edgewater Dr, Grandy, NC 27939
      View Details
    • Value Estimation by Request
      17.82 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 17.82 Acres
      Caratoke Hwy, Grandy, NC 27939
      View Details
    • Value Estimation by Request
      0.92 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 0.92 Acres
      Caratoke Hwy, Grandy, NC 27939
      View Details

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      Prime Grandy, NC Commercial Land

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      6900&6894 Caratoke Hwy, Grandy, NC 27939
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    6900&6894 Caratoke Hwy
    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
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