Property profile

6562 Caratoke Hwy Grandy, NC 27939

OFF-MARKET
Commercial land
Property ID
US53-4715015
6,900 SF 3.42 ac lot Built 2000
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.45-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located at 6562 Caratoke Highway in Grandy, North Carolina, this property boasts an impressive 439 feet of highway frontage, ensuring maximum exposure to a steady stream of traffic. Previously the site of the Goose Creek Golf Club, the land is now cleared and level, ready for immediate development. The existing structures, including the warehouse and clubhouse, have been removed, eliminating any demolition costs and allowing for seamless construction. The property's prime location places it seconds away from the heart of Grandy, offering easy access to local amenities and a thriving community. Given the recent surge in construction activity in the surrounding area, this lot is ideally suited for a diverse range of commercial ventures. Its size and location make it an exceptional investment, promising significant return on investment for the discerning buyer. The level terrain simplifies development, minimizing site preparation costs and accelerating the construction timeline. This is a rare opportunity to acquire a ready-to-develop commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a highly visible and desirable location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2000
Total area 6,900 SF
Lot 3.42 ac (148,975 SF)
APN 0108000095G0000
UPID US53-4715015

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6562 Caratoke Hwy Grandy, NC 27939-9620
Grandy metro Census 110404 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$988k
Blend (final) Blend
$890k

Owner & transaction history

since 2025
3 recorded transactions
2025
$339,000
2013
$750,000
2012
$350,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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