7267 Caratoke Hwy Jarvisburg, NC 27947
Southern Currituck NeighborhoodEstimated payment $7,857/month
About This Lot
Prime Development Opportunity!An exceptional investment opportunity awaits with this unique 65-acre property ideally positioned between the Outer Banks, Hampton Roads, and Elizabeth City. Boasting 61 acres of well-drained farmland and 4 acres zoned for general business, this versatile parcel offers both residential and commercial development potential.The property features excellent access from Forbes Road and enjoys extensive commercial frontage along Caratoke Highway, ensuring high visibility for future business ventures. Included on the site is a charming brick house, adding immediate value and functionality.Whether you're envisioning a residential community, commercial complex, or a blend of both, this location provides the perfect foundation for growth and return. A rare opportunity for the discerning investor to capitalize on one of the region’s most promising development sites.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,471
Year Built
- 1944
Lot Details
- 1 Acre Lot
- Property is zoned GB, AG
Utilities
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,471 | $196,000 | $60,000 | $136,000 |
| 2023 | $1,471 | $196,000 | $60,000 | $136,000 |
| 2022 | $1,141 | $196,000 | $60,000 | $136,000 |
| 2021 | $1,133 | $160,300 | $60,000 | $100,300 |
| 2020 | $919 | $160,300 | $60,000 | $100,300 |
| 2019 | $919 | $160,300 | $60,000 | $100,300 |
| 2018 | $919 | $160,300 | $60,000 | $100,300 |
| 2017 | $883 | $160,300 | $60,000 | $100,300 |
| 2016 | $883 | $160,300 | $60,000 | $100,300 |
| 2015 | $883 | $160,300 | $60,000 | $100,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $1,395,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $206,250 | Future Advance Clause Open End Mortgage | |
| Closed | $270,000 | Future Advance Clause Open End Mortgage |
Source: Outer Banks Association of REALTORS®
MLS Number: 129163
APN: 0109-000-0065-0000
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