Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    203 Price Street Roanoke Rapids, NC 27870

    View on Map
    New
    For Sale
    $200,000

    Residential/Vacation - Roanoke Rapids, NC

    Type:Farm
    Property size:
    1,328 SF
    Lot size:
    0.23 Acres
    Added:
    Mar 30, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 203 Price Street

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    Residential
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking
    1
    Parking features
    Garage
    Interior features
    Washer &/Or Dryer Hookup, Open Foyer, Cable Tv Available
    Exterior features
    Concrete Drive, Storage Building, Paved Road
    Fireplace
    1
    Appliances
    Other
    Standard status
    Active
    Size
    1,328 SF
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Molly Ward

    Listing agent Molly Ward

    Listing office Coldwell Banker Advantage-Littleton 2391 Eaton Ferry Road, Littleton, NC

    Listing date Mar 30, 2026

    MLS# 141866 Listing URL

    Copyright © 2026 Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Classic Brick Ranch in Roanoke

    Located in the Becker Farms community, this residential property at 203 Price Street is a classic brick ranch featuring 3 bedrooms and 1.5 bathrooms. The property is situated on a 0.23-acre lot, offering a suburban atmosphere. The layout provides 1,328 square feet of functional living space designed for easy flow. Central cooling ensures year-round comfort. The primary bedroom offers natural light. The property is located minutes from the heart of Roanoke Rapids. It can be used as a first home or investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke Rapids
    County
    Halifax
    State
    North Carolina
    Longitude
    -77.637447
    Latitude
    36.438624

    Nearby Similar for Sale

    • $350,000
      3,230 SF

      Established Retail Business Opportunity

      Turnkey retail business with real estate, fixtures, and inventory included.
      1022 Roanoke Avenue, Roanoke Rapids, NC 27870
      View Details
    • $625,000
      7,200 SF

      Versatile Commercial Property on 6+ Acres

      Prime commercial property with unmatched visibility and direct access.
      1652 Nc Hwy 125, Roanoke Rapids, NC 27870
      View Details
    • $199,900
      5,775 SF

      Versatile Commercial Building with Parking

      Investment property with multiple units and parking in Roanoke Rapids.
      15 E. 11th Street, Roanoke Rapids, NC 27870
      View Details
    • $210,000
      2,156 SF

      Roanoke Rapids Commercial Opportunity

      Commercial property suitable for medical, dental, or assisted living.
      110 Office Park Dr, Roanoke Rapids, NC 27870
      View Details
    • $625,000

      Prime Commercial Land with Visibility

      6+ acres with unmatched visibility, flexibility, and direct access.
      1652 NC Highway 125, Roanoke Rapids, NC 27870
      View Details
    • $415,000

      Roanoke Rapids Commercial Property

      Commercial property with parking in Roanoke Rapids, North Carolina.
      1503 W. 10th Street, Roanoke Rapids, NC 27870
      View Details
    • $295,000
      1,500 SF

      Roanoke Rapids Duplex Investment Opportunity

      Two side-by-side duplexes with income potential in Roanoke Rapids.
      1203 W 10th Street, Roanoke Rapids, NC 27870
      View Details
    • $265,000
      1,636 SF

      Renovated Home in Becker Farms

      Updated 3-bedroom home with fenced yard and bonus building.
      133 Devonshire Circle, Roanoke Rapids, NC 27870
      View Details
    • $295,000
      1,500 SF

      Roanoke Rapids Duplex Investment Opportunity

      Two side-by-side duplexes with strong rental income potential.
      1203 W 10th Street, Roanoke Rapids, NC 27870
      View Details
    • $189,000

      Historic Roanoke Rapids Retail/Office Building

      Prime commercial opportunity with mixed-use potential in Roanoke Rapids.
      933 Roanoke Ave., Roanoke Rapids, NC 27870
      View Details
    • $245,000
      1,521 SF

      Move-in Ready Ranch Home

      Well-maintained home with versatile exterior space in convenient location.
      1506 Pruden Street, Roanoke Rapids, NC 27870
      View Details
    • $229,900
      1,152 SF

      Upgraded Townhome with Modern Features

      Immaculate 2-bedroom townhome with high-end upgrades and low maintenance.
      129 Savannah Circle, Roanoke Rapids, NC 27870
      View Details

    FAQs

    What type of property is this?
    Single family property - Comfortable 3-bedroom home in established Roanoke Rapids neighborhood.
    Where is this single family property located?
    The property is located at 203 Price Street Roanoke Rapids, NC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Desirable Becker Farms community location.; Classic and durable 3‑bedroom brick ranch.; Enjoy year‑round comfort with central air conditioning.
    (252) 676-3069
    We can help!
    Listing Contact
    Molly Ward
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!