Property summary
This exceptional turnkey business opportunity in Grandy, NC, presents a fully renovated Mel's Diner, ideally situated on Caratoke Highway. The diner boasts a retro atmosphere complete with a jukebox and ample seating, including tables, booths, and counter service, catering to diverse customer preferences. The well-equipped kitchen features a streamlined prep line, updated equipment, and ample walk-in refrigeration. Outside, a dedicated storage shed and walk-in freezer provide convenient… storage, especially beneficial for deliveries outside operating hours. The property includes 21 parking spaces, including one handicapped-accessible space. A significant advantage is the inclusion of an adjacent building, offering versatile potential. This secondary structure, with 11 parking spaces (including one handicapped-accessible space), features a bathroom, laundry room, and a large open area, suitable for various uses such as a bakery, prep kitchen, or rental office space. The substantial backyard provides additional parking, ideal for RVs or trucks, making this location particularly attractive to travelers to and from the Outer Banks. The combined properties offer a unique and lucrative investment opportunity. The asking price is $699,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,820 SF
- Lot area
- 1.37 ac
- Year built
- 1995
- Stories
- 1
- APN
- 0108000069A0000
- Zoning
- GB
- Assessed value · 2023
- $311,000
- Annual tax · 2023
- $1,742
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Subsection 3.5.2: General Business (GB) District CURRITUCK COUNTY, NC UNIFIED DEVELOPMENT ORDINANCE 3.25 3.5.2. General Business (GB) District A. DISTRICT PURPOSE B. LOT PATTERNS The General Business (GB) district is est…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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