355 Caratoke Hwy Moyock, NC 27958-8609
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Moyock, NCMoyock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.