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Versatile Commercial Asset with Income
For Sale
$268,000

105 Marigold, Rocky Mount, NC 27801

5,184 SF commercial asset with income and value-add potential.

Property Size5,184 SF
Lot Size0.12 Acres
Price / SF$51.70
Days on Market186

Property Features for 105 Marigold

General Information

Standard status Active
Size 5,184 SF
Lot size 0.12 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $880

Building Details

Year Built 1910
Listing Agency: BRADDOCK REALTY
Listed By: BENJAMIN DAVID RIEGEL · License #363368
Source: Corcoran
Added: Feb 4 Changed: Aug 8 Last Checked: Jul 16 at 11:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRADDOCK REALTY

Investment Insights

Based on property information with market context.

This 5,184 SF commercial asset features three versatile units. The property generates $24,320 in NOI with low owner overhead, offering immediate cash flow with a current cap rate of 9.07%. One vacant unit provides value-add potential. Units 105 and 105A are occupied on Modified Gross leases with tenants paying utilities. Unit 105B is a large open warehouse with garage door access. The warehouse has 3 bathrooms and includes a finished apartment/office area with a full bath, fridge, and washer/dryer. This property is a strategic opportunity for anyone needing warehouse/storage space while having the front tenants offset the mortgage.

Key Highlights

  • High 9.07% Cap Rate with $24,320 NOI provides immediate cash flow.
  • Value‑add potential with a vacant warehouse unit.
  • 5,184 SF commercial asset with three versatile units.

Property Analytics

Current Use

Blender's Edge Barber Shop Erica Cooper Lounge ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Gym & Fitness Center Skin Care Clinic Restaurant Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27801, NC

19,043
Population
9,162
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
83%
High-School Grad
66.8 sq mi
ZIP Area
285
Density / Sq Mi
$41,696
Median Household Income
$32,390
Median Earnings
$850
Median Rent
$108,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • E-Z Mini Storage 711 s church st, rocky mount, nc 27803
  • Smart Storage HQ 709 S Church St, Rocky Mount, NC 27803
  • Shields Movers And Staffers 516 N Pine St, Rocky Mount, NC 27804

Frequently Asked Questions

What type of property is this?
Warehouse - 5,184 SF commercial asset with income and value-add potential.
Where is this warehouse located?
The property is located at 105 Marigold Rocky Mount, NC.
What is the asking price?
The asking price for this property is $268,000.
What are key features of this property?
This property features: High 9.07% Cap Rate with $24,320 NOI provides immediate cash flow.; Value‑add potential with a vacant warehouse unit.; 5,184 SF commercial asset with three versatile units.
More about this property
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