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    6562 Caratoke Hwy Grandy, NC 27939

    • Commercial land
    • 6,900 SF
    • 3.42 lot acres
    For Sale
    View listing
    $339,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-4715015
    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

    • Commercial land

    Property Details for 6562 Caratoke Hwy

    Year built
    2000
    Lot size
    3.42 lot acres
    Property size
    6,900 SF
    Property type
    Commercial land
    APN
    0108000095G0000
    APU
    0108000095G0000

    Description

    This exceptional 3.45-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located at 6562 Caratoke Highway in Grandy, North Carolina, this property boasts an impressive 439 feet of highway frontage, ensuring maximum exposure to a steady stream of traffic. Previously the site of the Goose Creek Golf Club, the land is now cleared and level, ready for immediate development. The existing structures, including the warehouse and clubhouse, have been removed, eliminating any demolition costs and allowing for seamless construction. The property's prime location places it seconds away from the heart of Grandy, offering easy access to local amenities and a thriving community. Given the recent surge in construction activity in the surrounding area, this lot is ideally suited for a diverse range of commercial ventures. Its size and location make it an exceptional investment, promising significant return on investment for the discerning buyer. The level terrain simplifies development, minimizing site preparation costs and accelerating the construction timeline. This is a rare opportunity to acquire a ready-to-develop commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a highly visible and desirable location.

    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
    -75.8752
    Latitude
    36.2356
    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
    $1,210
    $216,000
    $0.00
    $216,000
    -
    $216,000
    $0.00
    $216,000

    Comparable in this City

    • Value Estimation by Request
      1.03 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 1.03 Acres
      Caratoke Hwy, Grandy, NC 27939
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    • Value Estimation by Request
      0.98 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 0.98 Acres
      Caratoke Hwy, Grandy, NC 27939
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    • Value Estimation by Request
      38.88 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 38.88 Acres
      Caratoke Hwy, Grandy, NC 27939
      View Details
    • Value Estimation by Request
      0.98 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 0.98 Acres
      Caratoke Hwy, Grandy, NC 27939
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    • Value Estimation by Request
      1.06 Acres

      6586 Caratoke Hwy

      VACANT COMMERCIAL LAND • 1.06 Acres
      6586 Caratoke Hwy, Grandy, NC 27939-9620
      View Details
    • Value Estimation by Request
      11.35 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 11.35 Acres
      Caratoke Hwy, Grandy, NC 27939
      View Details

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    Request Owner's contact information
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    6562 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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