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    Old Farm Rd Roanoke Rapids, NC 27870

    For Sale
    $605,000

    Acreage,Other-See Remarks,Commercial Lot,Residential Lot-Restricted

    Type:Duplex
    Lot size:
    4.38 Acres
    Days on Market:
    485
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for Old Farm Rd

    General Information

    Property type
    Land
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    4.38 Acres

    Building Details

    Architectural style
    Other

    The Pointe Realty Group of Lake Gaston, LLC (252) 586-1150

    Listing agent Elizabeth Conwell Robinson (252) 586-1150

    Listing date Aug 8, 2024

    MLS# 128634 Listing URL

    Copyright © 2025 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

    Prime Commercial Land For Sale

    This 4.383 +/- acre commercial property offers excellent visibility and a great location with approximately 380 feet of road frontage on Old Farm Road. The B3 Commercial Zone allows for various uses, including commercial businesses such as storage facilities, office complexes, or a medical complex, as well as residential duplexes, multi-family living complex centers, or assisted living complexes. This property presents a great investment opportunity for building in a location with high visibility and a high traffic count. The property fronts Old Farm Road and has approximately 400 feet of frontage on Price Street, a residential street, on the back side. Note that the DOT must approve access and driveway usage on Old Farm Road due to it being a state-maintained highway. Commercial property with this amount of acreage is limited.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Roanoke Rapids
    County
    Halifax
    State
    North Carolina
    Longitude
    -77.636974
    Latitude
    36.435723

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    FAQs

    What type of property is this?
    Commercial land - 4.383 acre commercial lot with high visibility and road frontage.
    Where is this commercial land located?
    The property is located at Old Farm Rd Roanoke Rapids, NC.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: - Prime commercial property with 380 ft +/- of road frontage on Old Farm Road offering excellent visibility and a high traffic count.; - B3 Commercial Zoning allows for diverse development options.; - Large 4.383 +/- acre parcel, a limited commodity for commercial property, offered at an affordable price.
    (252) 586-1150
    Request Owner's contact information
    Old Farm Rd Roanoke Rapids, NC 27870
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    Roanoke Rapids, NC 27870
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    Realmo Value Estimation

    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.

    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.

    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
    Old Farm Rd Roanoke Rapids, NC 27870
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