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    4412 Caratoke Hwy Barco, NC 27917-9512

    • Grocery and convenience stores
    • 3,404 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US53-0353710
    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

    • Marathon / Gas Station
    • Barco Food Mart / Convenience Store
    • Hunt Brothers Pizza / Pizza Restaurant
    • Krispy Krunchy Chicken / Chicken Restaurant

    Property Details for 4412 Caratoke Hwy

    Year built
    1977
    Lot size
    1.28 lot acres
    Property size
    3,404 SF
    Property type
    Grocery and convenience stores
    APN
    7000000890000
    APU
    7000000890000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $245,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $185,000
      Mixed-Use
      $190,000
      Hospitality
      $215,000
      Educational
      $200,000
      Residential Income
      $215,000
      Energy
      $200,000
      Income-Based Land
      $205,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Barco
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.9642
    Latitude
    36.3599
    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
    $1,360
    $114,000
    $128,800
    $242,800
    -
    $114,000
    $128,800
    $242,800

    Comparable in this City

    • Value Estimation
      $320,000
      1,088 SF

      4533 Caratoke Hwy

      GROCERY, SUPERMARKET • 1,088 SF
      4533 Caratoke Hwy, Barco, NC 27917-9513
      View Details
    • Value Estimation
      $1,415,000
      2,490 SF

      3948 Caratoke Hwy

      GROCERY, SUPERMARKET • 2,490 SF
      3948 Caratoke Hwy, Barco, NC 27917-9552
      View Details
    • Value Estimation
      $280,000
      2,400 SF

      4473 Caratoke Hwy

      GROCERY, SUPERMARKET • 2,400 SF
      4473 Caratoke Hwy, Barco, NC 27917-9512
      View Details
    • Value Estimation
      $315,000
      1,188 SF

      4511 Caratoke Hwy

      GROCERY, SUPERMARKET • 1,188 SF
      4511 Caratoke Hwy, Barco, NC 27917-9513
      View Details
    • Value Estimation by Request
      220 SF

      Caratoke Hwy

      RETAIL STORES (PERSONAL SERVICES) • 220 SF
      Caratoke Hwy, Barco, NC 27917
      View Details
    • Value Estimation by Request
      784 SF

      3929 Caratoke Hwy

      RETAIL STORES (PERSONAL SERVICES) • 784 SF
      3929 Caratoke Hwy, Barco, NC 27917-9553
      View Details

    Similar Nearby for Sale

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    • $199,000
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      Commercial Land on Main Highway

      1.98 acres of commercial land with high visibility.
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    • $199,000

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      1.98 acre commercial lot with high visibility in Barco, NC.
      Tbd Caratoke Hwy, Barco, NC 27917
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    • $945,000
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      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.
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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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    Barco, NC 27917-9512
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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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