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
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Caratoke Hwy Grandy, NC 27939
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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