Price Reduction
Address
8295 Caratoke Highway Powells Point, NC
Price
$ 1,175,000
Property Attributes
  • MLS#116681
  • TypeCommercial
  • CountyCURRITUCK
  • CityPowells Point
  • AreaPt. Harbor to Powells Pt.
  • Zip27966
  • Style
  • Year Built2002
  • Taxes$ 1350
  • Price$ 1,175,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
James Allman @ RE/MAX Ultra
Data Source:
Outer Banks MLS (OTBMLS) - 132 - NC
Property Description

INVESTOR ALERT!!! 10% CAP RATE, this property generates over $100,000 a year in net income. This Commercial property has six separate units and all are rented and have been for some time. Convenient location, only minutes to the Outer Banks and all points south.

Price History
11/2/2021 Listed $117,500,000
11/2/2021 99% - $1,175,000

General Features

Class COMMERCIAL/INDUSTRIAL
Flood Zone Zone
Listing Area Pt. Harbor to Powells Pt.
Ownership Owned More than 12 Months
Potential Short Sale No
Status Active
Status Active
Subdivision NC
Tax Year 2021
Taxes 1350
Type Multi Unit
Waterfront Location None
Year Built 2002
Zoning Commercial

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27966

Price
AVG $990K
$1.18M
Taxes
AVG $1,158
$1,350
Visits
AVG 4
5
Year Built
AVG 1999
2002

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