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    Property profile & analytics
    OFF-MARKET Estimated value $5,105,000
    Retail space

    166 Caratoke Hwy, Moyock, NC 27958-8622

    19,152 SF 3.6 ac lot Built 2021
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-0164067
    Property summary
    AI-generated overview

    This exceptional 3.26-acre commercial land parcel, located at 166 Caratoke Hwy in Moyock, North Carolina (zip code 27958), presents a unique investment opportunity. Priced at $850,000, this property boasts a substantial 142,005 square feet of land, offering a price per acre ranging from $225,000 to $260,000. Situated in a rapidly developing area with high traffic counts, this lot is ideally suited for a variety of commercial ventures. The property is zoned for commercial use and offers over 400 feet of frontage on Highway 168, ensuring excellent visibility and accessibility. County water is available. This parcel is a subdivision of a larger tract, originally 6.88 acres, from which Tractor Supply recently purchased land and is currently under construction. The seller is open to further subdividing the property into parcels of approximately 1 or 2 acres, providing flexibility for various development plans. Importantly, the zoning specifically prohibits residential or storage uses. This prime location, coupled with its size and accessibility, makes this property an attractive investment for developers seeking to capitalize on the growing commercial needs of the Moyock area. The property is held under simple ownership.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2021
    Total area 19,152 SF
    Lot 3.6 ac (156,816 SF)
    APN 0009000079C0000
    UPID US53-0164067
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tractor Supply Co. Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.53M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.27M
    Blend (final) Blend
    $5.11M
    Owner & transaction history
    Mdc Nc 3 LP · 4 yrs held
    Mdc Nc 3 LP
    since 2021
    Last sale
    $4.8M
    2 recorded transactions
    2021
    $4.8M
    2021
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $4.1M +14.1%
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