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    Property profile & analytics

    8576 Caratoke Hwy Powells Point, NC 27966-9780

    • Retail space
    • 6,950 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Jan 30, 2020
    Location Intelligence
    Property ID
    US53-2165397
    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

    • Nolte Surfboards / Surf Shop

    Property Details for 8576 Caratoke Hwy

    Year built
    2001
    Lot size
    0.69 lot acres
    Property size
    6,950 SF
    Zone code
    LI
    Property type
    Retail space
    APN
    124D00000030000
    APU
    124D00000030000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Powells Point
    County
    Currituck
    State
    North Carolina
    Longitude
    -75.8235
    Latitude
    36.1084
    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
    $1,684
    $51,800
    $245,100
    $296,900
    -
    $51,800
    $245,100
    $296,900

    Comparable in this City

    • Value Estimation
      $455,000
      11,700 SF

      8568 Caratoke Hwy

      STORE, RETAIL OUTLET • 11,700 SF
      8568 Caratoke Hwy, Powells Point, NC 27966-9780
      View Details
    • Value Estimation
      $215,000
      2,800 SF

      8291 Caratoke Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      8291 Caratoke Hwy, Powells Point, NC 27966-9775
      View Details
    • Value Estimation
      $450,000
      16,056 SF

      111 Fox Knl Dr

      STORE, RETAIL OUTLET • 16,056 SF
      111 Fox Knl Dr, Powells Point, NC 27966-9603
      View Details
    • Value Estimation
      $350,000
      5,000 SF

      111 Radio Rd

      SHOW ROOM, WAREHOUSE • 5,000 SF
      111 Radio Rd, Powells Point, NC 27966
      View Details
    • Value Estimation
      $320,000
      2,335 SF

      8109 Caratoke Hwy

      CAR WASH • 2,335 SF
      8109 Caratoke Hwy, Powells Point, NC 27966-9623
      View Details
    • Value Estimation
      $840,000
      5,000 SF

      101 Ballast Rock Rd

      VEHICLE SALES, RENTALS • 5,000 SF
      101 Ballast Rock Rd, Powells Point, NC 27966-9615
      View Details

    Similar Nearby for Sale

    • $190,000
      27,007.00 Acres

      Residential Lot Near Outer Banks

      Nearly half-acre lot near clubhouse and Outer Banks beaches.
      100 Sullivans Ct, Powells Point, NC 27966
      View Details
    • New
      $1,300,000
      9,831,453.00 Acres

      Waterfront Acreage in Powells Point

      225+ acres of waterfront land with hunting and recreation potential.
      West Westside Ln, Powells Point, NC 27966
      View Details
    • New
      $1,300,000
      225.70 Acres

      Waterfront Land with Hunting Potential

      225+ acre waterfront property with hunting and homesite potential.
      W Side Ln, Powells Point, NC 27966
      View Details
    • $199,900
      15,246.00 Acres

      Residential Lot with Golf Views

      Cleared lot in Kilmarlic Club with golf and sound views.
      269 Kilmarlic Club Dr, Powells Point, NC 27966
      View Details
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    8576 Caratoke Hwy
    Powells Point, NC 27966-9780
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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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