6464 Caratoke Hwy, Grandy, NC 27939-9619
This exceptional 1.18-acre commercial land parcel presents a unique investment opportunity in Grandy, North Carolina. Located at 6464 Caratoke Highway, this property boasts a highly desirable location on a hard corner with a signalized intersection, ensuring excellent visibility and accessibility for any commercial venture. The site's zoning is designated as GB, offering flexibility for a variety of commercial uses. The expansive 1.18-acre lot provides ample space for development, catering to businesses requiring significant land area. Situated in Currituck County, this property benefits from the area's growing economy and strong infrastructure. The strategic placement on Caratoke Highway guarantees high traffic volume, maximizing exposure and potential customer reach. This is an ideal location for businesses seeking a prominent presence in a thriving community. The property's single-tenant designation offers simplicity and control for developers. With its prime location, ample space, and favorable zoning, this commercial land parcel represents a compelling investment opportunity with significant potential for future growth and return. The property's address is 6464 Caratoke Highway, Grandy, NC 27939.
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
Property description
Physical attributes from public recordsZoning & alternative use
GB · Grandy, NCGrandy. 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.