Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6715 Canetuck Rd Currie, NC 28435
    Back to Search
    Property profile & analytics

    6715 Canetuck Rd Currie, NC 28435

    View on Map
    • Commercial real estate
    • 1,652 SF
    • 69.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6715 Canetuck Rd

    Year built
    1901
    Lot size
    69.00 lot acres
    Property size
    1,652 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a unique investment opportunity in the thriving Currie, NC market. Situated on a sprawling 69-acre lot, this property boasts a substantial 1,652 square foot building, offering ample space for a variety of commercial ventures. The expansive acreage provides significant potential for future development and expansion, catering to diverse business needs. The property's location in Currie offers easy access to key transportation routes, ensuring convenient connectivity for both employees and customers. The asking price of $995,000 reflects the significant value and potential inherent in this property. Its versatility makes it suitable for a wide range of commercial uses, from retail and office space to light industrial operations or even potential subdivision. The substantial land area offers significant flexibility for future development plans, allowing for customization to meet specific business requirements. This is a rare opportunity to acquire a large-scale commercial property in a growing area, presenting a strong return on investment for the discerning buyer. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is located at 6715 CANETUCK Road, Currie, NC.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Currie
    County
    Pender
    State
    North Carolina
    Longitude
    -78.2139
    Latitude
    34.4136

    Comparable in this City

    • Value Estimation by Request
      53.89 Acres

      4655 Blueberry Rd

      Farms • 53.89 Acres
      4655 Blueberry Rd, Currie, NC 28435
      View Details
    • Value Estimation by Request
      23.04 Acres

      217 Trotters Ln

      Land • 23.04 Acres
      217 Trotters Ln, Currie, NC 28435
      View Details
    • Value Estimation by Request
      0.09 Acres

      Currie, NC 28435

      VACANT COMMERCIAL LAND • 0.09 Acres
      Currie, NC 28435
      View Details
    • Value Estimation by Request
      3.32 Acres

      Currie, NC 28435

      VACANT COMMERCIAL LAND • 3.32 Acres
      Currie, NC 28435
      View Details
    • Value Estimation by Request
      0.56 Acres

      Currie, NC 28435

      VACANT COMMERCIAL LAND • 0.56 Acres
      Currie, NC 28435
      View Details
    • Value Estimation by Request
      2.02 Acres

      Currie, NC 28435

      VACANT COMMERCIAL LAND • 2.02 Acres
      Currie, NC 28435
      View Details

    Similar Nearby for Sale

    • $699,000
      1,652 SF

      Undeveloped Land with Farmhouse

      69-acre wooded property with a farmhouse needing renovation.
      6715 Canetuck Rd, Currie, NC 28435
      View Details
    • $4,500,000
      825.00 Acres

      825 Acres of Natural Beauty

      Unspoiled land with river access, timber, and recreational opportunities.
      250 Long Bluff Rd, Currie, NC 28435
      View Details
    • $1,528,000

      Currie Land with Hunting Potential

      Family-owned land near Cape Fear River, ideal for hunting.
      00 Sykes Town Rd, Currie, NC 28435
      View Details
    • New
      $54,900
      0.51 Acres

      Waterfront Land in Currie, NC

      Waterfront lot perfect for camping, fishing, and weekend getaways.
      Juniper Ln, Currie, NC 28435
      View Details
    • $150,000
      4.66 Acres

      Currie, NC Land Opportunity

      4.7 acres of mostly cleared land in Currie, NC.
      35544 Hwy 210, Currie, NC 28435
      View Details
    • $44,900
      Pending

      Waterfront Land in Currie, NC

      Waterfront lot perfect for camping, fishing, and weekend getaways.
      Juniper Ln, Currie, NC 28435
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6715 Canetuck Rd
    Currie, NC 28435
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6715 Canetuck Rd, Currie, NC, 28435
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!