Search
Manufactured Home Income Property with Six Lots
For Sale
$499,000

86 Sherman Lane, Rocky Mount, VA 24151

COMMERCIAL - Rocky Mount, VA

Property Size1,196 SF
Lot Size10.28 Acres
Price / SF$417.22
Days on Market48

Property Features for 86 Sherman Lane

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Rooms Bathroom 1, Bathroom 2
Subdivision Franklin County
Standard status Active
Size 1,196 SF
Lot size 10.28 Acres

Building Details

Year built 2007
Floors in Building 1
Listing Agency: Sarver Properties
Listed By: Richard Sarver
Added: Jun 26 Changed: Aug 4 Last Checked: Aug 12 at 1:06PM
MLS# 150322

Copyright © 2026 Martinsville, Henry, Patrick Counties Association 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.

Investment Insights

Based on property information with market context.

This for-sale residential income property consists of five doublewide homes plus an additional lot with a long-term renter. The offering is situated on 10.28 acres, providing a multi-lot setup designed to support existing rental occupancy.

The property is located at 86 Sherman Lane in Franklin County, Rocky Mount, VA 24151. Public remarks note convenient access to nearby 220, supporting day-to-day access for residents and tenants.

For buyers or operators seeking a manufactured home income property, the current configuration offers multiple rental dwellings on one parcel. The presence of five doublewide homes and an additional lot with an established renter may appeal to those looking for an ownership structure that already has income in place, while the acreage allows room to consider future adjustments to the property layout over time.

Key Highlights

  • Income‑producing property on 10.28 acres with 5 doublewide homes plus 1 additional lot
  • Includes an additional lot with a long‑term renter
  • Year built: 2007

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 24151, VA

18,785
Population
8,668
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
165.4 sq mi
ZIP Area
114
Density / Sq Mi
$65,267
Median Household Income
$40,159
Median Earnings
$769
Median Rent
$190,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Income-producing manufactured home property with five doublewide homes and an additional lot, all on 10.28 acres.
Where is this mobile home & rv park located?
The property is located at 86 Sherman Lane Rocky Mount, VA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Income‑producing property on 10.28 acres with 5 doublewide homes plus 1 additional lot; Includes an additional lot with a long‑term renter; Year built: 2007
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