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    Property profile & analytics

    138 Courthouse Rd Currituck, NC 27929

    • Turn key restaurants
    • 1,848 SF
    • 0.49 lot acres
    For Sale
    View listing
    $790,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1569551
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pass the Salt Cafe / Cafe / Bakery

    Property Details for 138 Courthouse Rd

    Year built
    1938
    Lot size
    0.49 lot acres
    Property size
    1,848 SF
    Zone code
    GB
    Property type
    Turn key restaurants
    APN
    5000001060000
    APU
    5000001060000

    Description

    This exceptional opportunity presents the chance to acquire a well-established and profitable cafГ© located in the heart of historic Currituck, North Carolina. Situated directly across from the Currituck Ferry, this 12+ year-old business, known as "Pass The Salt," enjoys a prime location with high visibility and consistent foot traffic from both locals and tourists traveling to the Outer Banks. The cafГ© boasts a warm and inviting atmosphere, having cultivated a loyal customer base over the years. Its menu features a popular raw bar, showcasing fresh, local seafood, a key element in its success. The property includes attractive outdoor spaces designed to enhance the dining experience, featuring a wraparound porch, a covered patio, and a paved gas firepit area. Recently added amenities include a beer garden complete with 16 taps and a large cooler, further expanding the cafГ©'s appeal and capacity. The sale includes the assets and the 0.49-acre property. The business itself is available for purchase separately at an additional cost. This turnkey operation is poised for continued success under new ownership. This is a rare chance to own a thriving business in a highly desirable location. Don't miss this opportunity to own a piece of Currituck history.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $150,000
      6.5%
      $180,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $175,000
      Mixed-Use
      $155,000
      Hospitality
      $170,000
      Educational
      $150,000
      Residential Income
      $180,000
      Energy
      $185,000
      Income-Based Land
      $180,000
      Food Service
      $150,000

    Location Insight

    • Map
    • Local Demand
    City
    Currituck
    County
    Currituck
    State
    North Carolina
    Longitude
    -76.0172
    Latitude
    36.4496
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,260
    $50,800
    $150,100
    $200,900
    -
    $50,800
    $150,100
    $200,900

    Comparable in this City

    • Value Estimation
      $255,000
      4,824 SF

      2864 Caratoke Hwy

      RESTAURANT • 4,824 SF
      2864 Caratoke Hwy, Currituck, NC 27929-9611
      View Details
    • Value Estimation by Request
      10,592 SF

      100 Gardner Farm Ln

      Retail properties • 10,592 SF
      100 Gardner Farm Ln, Currituck, NC 27929
      View Details
    • Value Estimation
      $355,000
      3,080 SF

      2859 Caratoke Hwy

      GROCERY, SUPERMARKET • 3,080 SF
      2859 Caratoke Hwy, Currituck, NC 27929-9601
      View Details
    • Value Estimation by Request
      10,532 SF

      100 Gardner Farm Ln

      Individual retail properties • 10,532 SF
      100 Gardner Farm Ln, Currituck, NC 27929
      View Details
    • Value Estimation
      $430,000
      1,684 SF

      3121 Caratoke Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,684 SF
      3121 Caratoke Hwy, Currituck, NC 27929-9665
      View Details
    • Value Estimation
      $820,000
      9,806 SF

      2808 Caratoke Hwy

      RETAIL STORES (PERSONAL SERVICES) • 9,806 SF
      2808 Caratoke Hwy, Currituck, NC 27929-9611
      View Details

    Similar Nearby for Sale

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      Prime Currituck County Land Opportunity

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    • $125,000
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      0.55-acre lot in Currituck, ready for building.
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    • $790,000
      0.49 Acres

      Currituck Waterfront CafГ© Business

      Thriving Eatery, Prime Location, High Profits
      138 Courthouse Rd, Currituck, NC 27929
      View Details
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    138 Courthouse Rd
    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
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