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Property profile & analytics
OFF-MARKET
Commercial land

355 Caratoke Hwy Moyock, NC 27958-8609

1.21 ac lot
Trust Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US53-3872023
Property summary
AI-generated overview

This exceptional 3.58-acre commercial parcel is strategically located on the bustling Caratoke Highway in Moyock, North Carolina, a rapidly expanding area within Currituck County – one of the fastest-growing counties in the state. The property, identified as Tract 3, presents a unique investment chance for discerning entrepreneurs. It's crucial to note that Tract 3 is being sold exclusively with Tracts 4 and 5 as a package. However, the seller is open to selling either Tract 4 or Tract 5 individually, without any planned property improvements. Detailed information regarding the individual lots (Tracts 4 and 5) can be found in the Multiple Listing Service (MLS). This cleared land is ready for immediate development, making it ideal for a variety of business ventures. Prospective buyers are encouraged to conduct thorough due diligence to determine the suitability of the property for their specific business plans. For comprehensive information on permissible business types and zoning regulations, interested parties should contact the Currituck County Planning Department and the Economic Development Department. The asking price for this significant commercial opportunity is $1,255,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.21 ac (52,708 SF)
Zoning code GB
APN 0009000029H0000
UPID US53-3872023
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cross Darlene J Trust · 13 yrs held
Cross Darlene J Trust
since 2012
2 recorded transactions
2012
Price N/A
2010
Price N/A
Zoning & alternative use
GB · Moyock, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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