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5728 Caratoke Hwy

19 Acres of Commercial Land Offered at $459,500 in Poplar Branch, NC 27965

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Investment Highlights

High Visibility
Central Location between Norfolk & the OBX

Extensive Road Frontage
High traffic

Executive Summary

This 19 Acre tract has excellent exposure, whether traveling north or south in Highway 158. With 800’ + of frontage on Caratoke Highway, 1000' deep, there are unlimited possibilities due to the multitude of uses allowed under the current general business designation. Directly north of this property is the Grave Digger complex that draws thousands of visitors every year. Also nearby is the Intracoastal Waterway, two golf courses, convenient shopping and numerous restaurants. The site is also near to the proposed Mid County Bridge to connect Corolla to the Currituck Mainland. The MOTIVATED owners will consider subdividing, exchange for income producing properties, build to suit, or possibly owner financing. Call today to discuss the many options available for the discerning buyer.

Property Facts

Price	$459,500	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	1031 Exchange Ground Lease (Leased Fee) Build to Suit Lease Option Redevelopment Project	Proposed Use	Commercial Industrial Retail Office Mixed Use Auto Dealership Distribution General Freestanding Hold For Development Hold For Investment Industrial Live or Work Unit Medical Office Park Planned Unit Development Religious Facility Restaurant Retail Warehouse Service Station Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Warehouse
No. Lots	1	Total Lot Size	19.00 AC

Price	$459,500
Sale Type	Investment
Sale Conditions	1031 Exchange Ground Lease (Leased Fee) Build to Suit Lease Option Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Office Mixed Use Auto Dealership Distribution General Freestanding Hold For Development Hold For Investment Industrial Live or Work Unit Medical Office Park Planned Unit Development Religious Facility Restaurant Retail Warehouse Service Station Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Warehouse
Total Lot Size	19.00 AC

1 Lot Available

Lot 1

Price	$459,500	Lot Size	19.00 AC
Price Per AC	$24,184

Price	$459,500
Price Per AC	$24,184
Lot Size	19.00 AC

Description

This 29 Acre tract has excellent exposure, whether traveling north or south in Highway 158. With 1260’ of frontage on Caratoke Highway, there are unlimited possibilities due to the multitude of uses allowed under the current general business designation. Directly north of this property is the Grave Digger complex that draws thousands of visitors every year. Also nearby is the Intracoastal Waterway, two golf courses, convenient shopping and numerous restaurants. The site is also near to the proposed Mid County Bridge to connect Corolla to the Currituck Mainland. The HIGHLY MOTIVATED owners will consider subdividing, exchange for income producing properties, build to suit, or possibly owner financing. Call today to discuss the many options available for the discerning buyer.

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