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    Property profile & analytics

    4995 Caratoke Hwy Coinjock, NC 27923

    • Retail space
    • 8,740 SF
    • 4.78 lot acres
    For Sale
    View listing
    $511,505
    Value Estimation
    Location Intelligence
    Property ID
    US53-1837834
    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

    • Hot Work Welding Service / Contractor

    Property Details for 4995 Caratoke Hwy

    Year built
    1985
    Lot size
    4.78 lot acres
    Property size
    8,740 SF
    Zone code
    GB
    Property type
    Retail space
    APN
    8200000610000
    APU
    8200000610000

    Description

    This exceptional commercial property, located at 4995 CARATOKE Highway in Coinjock, North Carolina, presents a unique investment opportunity. Boasting a substantial 8,740 square feet of building space, this property is situated on a generous 4.78-acre lot, offering ample room for expansion or outdoor activities. The building's versatile layout is ideal for a variety of commercial uses, making it suitable for businesses seeking a prominent location with significant space. The property's prime location along the CARATOKE Highway ensures high visibility and easy access for customers and employees. The expansive acreage provides ample parking and potential for future development. Given its size and location, this property is well-suited for a range of commercial enterprises, from retail and warehousing to light industrial operations. The asking price of $511,505 represents a compelling value for a property of this scale and potential in the desirable Coinjock market. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. The property is ready for immediate occupancy and presents a rare opportunity to establish or expand a business in a thriving area. Further details are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $415,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $385,000
      Mixed-Use
      $380,000
      Hospitality
      $390,000
      Educational
      $410,000
      Residential Income
      $460,000
      Energy
      $460,000
      Income-Based Land
      $385,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Coinjock
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.9406
    Latitude
    36.3261
    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
    $2,479
    $197,300
    $201,200
    $398,500
    -
    $197,300
    $201,200
    $398,500

    Comparable in this City

    • Value Estimation by Request
      975 SF

      183 Worth Guard Rd

      RETAIL STORES (PERSONAL SERVICES) • 975 SF
      183 Worth Guard Rd, Coinjock, NC 27923-9700
      View Details
    • Value Estimation
      $315,000
      3,291 SF

      4901 Caratoke Hwy

      RETAIL STORES (PERSONAL SERVICES) • 3,291 SF
      4901 Caratoke Hwy, Coinjock, NC 27923-9752
      View Details
    • Value Estimation by Request
      696 SF

      Worth Guard Rd

      RETAIL STORES (PERSONAL SERVICES) • 696 SF
      Worth Guard Rd, Coinjock, NC 27923
      View Details
    • Value Estimation
      $170,000
      640 SF

      4954 Caratoke Hwy

      GROCERY, SUPERMARKET • 640 SF
      4954 Caratoke Hwy, Coinjock, NC 27923-9751
      View Details
    • Value Estimation
      $8,360,000
      1,324 SF

      1631 Waterlily Rd

      GYM, HEALTH SPA • 1,324 SF
      1631 Waterlily Rd, Coinjock, NC 27923-9721
      View Details
    • Value Estimation
      $405,000
      2,284 SF

      159 Coinjock Development Rd

      RESTAURANT • 2,284 SF
      159 Coinjock Development Rd, Coinjock, NC 27923-9769
      View Details

    Similar Nearby for Sale

    • $149,000
      1.31 Acres

      Coinjock Commercial Land - $149K

      1.31 Acres, High-Traffic Highway Location
      0 Tbd Caratoke Hwy, Poplar Branch, NC 27923
      View Details
    • $511,505
      8,740 SF

      Coinjock Highway Commercial Property

      Large waterfront commercial building, 4.78 acres.
      4995 Caratoke Hwy, Coinjock, NC 27923
      View Details
    • $199,000
      784,077.00 Acres

      Waterfront Land in Coinjock, NC

      18-acre waterfront parcel with Intracoastal Waterway access in Coinjock.
      Coinjock Development Rd, Coinjock, NC 27923
      View Details
    • $152,505
      0.83 Acres

      Coinjock Commercial Land For Sale

      Commercial land with high visibility near the Outer Banks.
      4985 Caratoke Hwy, Coinjock, NC 27923
      View Details
    • $359,000
      10.39 Acres

      Coinjock, NC Prime Land Parcel

      10.39 acre parcel zoned for general business or residential use.
      138 Worth Guard Rd, Coinjock, NC 27923
      View Details
    • $100,000
      2.00 Acres

      Coinjock, NC Commercial Land

      Prime commercial land opportunity on the gateway to the Outer Banks.
      1.1+Ac Caratoke Hwy, Coinjock, NC 27923
      View Details
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    4995 Caratoke Hwy
    Coinjock, NC 27923
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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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