8364 CaratokePowells Point, NC 27966

  • Turn key restaurants
  • 4,648 SF
Off market
$8,215,370 Estimated

Property Details for 8364 Caratoke

Year built
1963
Lot size
0.82 AC
Property size (Sq ft)
4,648 SF
Zone code
GB
Property type
Turn key restaurants
APN
12400000580000
APU
12400000580000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,267,672
    6.5%
    $1,170,158
    7%
    $1,086,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,314,556
    Geo Method
    $1,956,182
  • Alternative Use

    Use
    Valuation
    Residential
    $987,072
    Hospitality
    $904,153
    Educational
    $752,245
    Medical
    $778,116
    Retail
    $1,170,158
8364 Caratoke, Powells Point, North Carolina

Location Insight

City
Powells Point
County
Currituck
State
North Carolina
Latitude
36.1207
Longitude
-75.8334
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
$1,438
$100,100
$156,600
$256,700
-
$100,100
$156,600
$256,700

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