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    Property profile & analytics

    3907 Caratoke Hwy Barco, NC 27917-9500

    • Assisted living facilities
    • 31,080 SF
    • 14.25 lot acres
    OFF-MARKET
    Value Estimation
    $6,075,000
    Last Sale
    Apr 24, 2024
    $6,050,000
    Location Intelligence
    Property ID
    US53-2056298
    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

    • Currituck Health & Rehab Center / Rehabilitation Center / Nursing Home
    • Erin James / Occupational Therapist
    • Harris Danielle / Physical Therapist

    Property Details for 3907 Caratoke Hwy

    Year built
    1988
    Lot size
    14.25 lot acres
    Property size
    31,080 SF
    Zone code
    GB
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    6000000560000
    APU
    6000000560000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,050,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,745,000
      6.5%
      $6,680,000
      7%
      $6,305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,895,000
      Geo Method
      $6,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,935,000
      Retail
      $6,325,000
      Mixed-Use
      $5,285,000
      Hospitality
      $6,860,000
      Educational
      $6,455,000
      Residential Income
      $5,180,000
      Energy
      $6,380,000
      Income-Based Land
      $7,050,000
      Food Service
      $6,590,000

    Location Insight

    • Map
    • Local Demand
    City
    Barco
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.9751
    Latitude
    36.3907
    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
    $35,093
    $391,800
    $5,874,800
    $6,266,600
    -
    $391,800
    $5,874,800
    $6,266,600

    Comparable in this City

    • Value Estimation
      $470,000
      2,166 SF

      4039 Caratoke Hwy

      MEDICAL BUILDING • 2,166 SF
      4039 Caratoke Hwy, Barco, NC 27917-9520
      View Details
    • Value Estimation by Request
      2.04 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 2.04 Acres
      Caratoke Hwy, Barco, NC 27917
      View Details
    • Value Estimation by Request
      1.50 Acres

      Caratoke Hwy

      VACANT COMMERCIAL LAND • 1.50 Acres
      Caratoke Hwy, Barco, NC 27917
      View Details
    • Value Estimation by Request
      12.05 Acres

      4012 Caratoke Hwy

      VACANT COMMERCIAL LAND • 12.05 Acres
      4012 Caratoke Hwy, Barco, NC 27917-9509
      View Details
    • Value Estimation by Request
      0.40 Acres

      141 Shortcut Rd

      VACANT COMMERCIAL LAND • 0.40 Acres
      141 Shortcut Rd, Barco, NC 27917-9506
      View Details
    • Value Estimation by Request
      7.00 Acres

      4363 Caratoke Hwy

      VACANT COMMERCIAL LAND • 7.00 Acres
      4363 Caratoke Hwy, Barco, NC 27917-9514
      View Details

    Similar Nearby for Sale

    • $495,000
      7.48 Acres

      Barco, NC Commercial Land

      7.48 acres of commercial land in Barco, North Carolina.
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    • $199,000
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      Commercial Land on Main Highway

      1.98 acres of commercial land with high visibility.
      1.98Ac Caratoke Hwy, Barco, NC 27917
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    • $199,000

      Commercial Lot on Main Highway

      1.98 acre commercial lot with high visibility in Barco, NC.
      Tbd Caratoke Hwy, Barco, NC 27917
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    • $945,000
      92.41 Acres

      Waterfront Land with Canal Access

      92-acre waterfront and canal-front land with development potential.
      4161 Caratoke Hwy, Barco, NC 27917
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    • $945,000

      Waterfront Land with Canal Access

      92-acre waterfront and canal front property with development potential.
      4161 Caratoke Hwy, Barco, NC 27917
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    • $199,000
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      Commercial Lot in Barco, NC

      1.98 acre commercial lot with highway visibility in Barco.
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      View Details
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    Barco, NC 27917-9500
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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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