6562 Caratoke HwyGrandy, NC 27939

  • Commercial land
  • 6,900 SF
For Sale
$339,000 View listing

Property Details for 6562 Caratoke Hwy

Year built
2000
Lot size
3.42 AC
Property size (Sq ft)
6,900 SF
Property type
Commercial land
APN
0108000095G0000
APU
0108000095G0000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,653,800
    Retail / Commercial
    $1,357,510
    Mixed-Use / Specialty
    $1,350,040
    Hospitality / Lodging
    $987,046
    Office
    $1,339,270
    Institutional / Educational
    $1,402,550
    Residential Income
    $1,640,980
    Multifamily
    $1,982,720
    Automotive / Energy
    $1,202,190
    Parking / Income-Based Land
    $417,464
    Restaurant / Food Service
    $696,538
    Healthcare / Senior Housing
    $1,387,140

Location Insight

City
Grandy
County
Currituck
State
North Carolina
Latitude
36.2356
Longitude
-75.8752
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
$1,210
$216,000
-
$216,000
-
$216,000
-
$216,000

FAQs

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