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Property profile & analytics
FOR LEASE
Commercial real estate

1708 E Broad Ave Rockingham, NC 28379

8,400 SF 0.62 ac lot Built 2005
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US53-3623782
Property summary
AI-generated overview

This exceptional industrial property located at 1708 E Broad Avenue in Rockingham, North Carolina, presents a compelling investment opportunity. Boasting a substantial 9,000 square feet of space, this versatile building sits on a generous 0.62-acre lot, offering ample room for operations and potential expansion. The property's classification as "Other" allows for a wide range of potential uses, making it suitable for various businesses seeking a functional and well-situated location. The asking price of $913,000 represents significant value in the current market, considering the building's size and the land it occupies. Its location in Rockingham provides easy access to key transportation routes and local amenities, enhancing its overall appeal. This property is ideal for businesses requiring a large footprint and a strategic location within Rockingham. The substantial square footage and ample land provide flexibility for customization and future growth. Serious inquiries are encouraged to explore the full potential of this remarkable industrial property. Don't miss this chance to acquire a valuable asset in a thriving North Carolina community. Contact us today to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 8,400 SF
Lot 0.62 ac (27,100 SF)
Zoning code B3
APN 747202665046
UPID US53-3623782
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mercantile On Broad - The Pet & People Place (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$957k
Blend (final) Blend
$1.04M
Owner & transaction history
Petina A Sloan · 21 yrs held
Petina A Sloan
since 2005
2 recorded transactions
2005
$336,500
2005
$336,500
Zoning & alternative use
B3 · Rockingham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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