0 Caratoke Hwy, Grandy, NC 27939
This exceptional 11.3-acre commercial land parcel presents a remarkable investment opportunity in Grandy, North Carolina. Strategically located on Caratoke Highway, this property boasts unparalleled road visibility, ensuring maximum exposure for any business venture. Its proximity to the Outer Banks provides easy access to a thriving tourist market and a diverse population base. The expansive acreage offers endless possibilities for development, from industrial uses to other commercial applications. The seller is open to subdividing the land to accommodate specific project needs, offering flexibility for potential buyers. Furthermore, owner financing may be available, making this prime real estate even more accessible. Situated in Currituck County, with a 27939 zip code, this property is ideally positioned for success. The high-traffic location and potential for subdivision make this a truly unique opportunity to establish a thriving business in a desirable area. Don't miss this chance to acquire a piece of prime commercial real estate with exceptional visibility and development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.