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    400 Old Franklin Tpke Rocky Mount, VA 24151

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    For Lease
    Contact for pricing

    Premier shopping center with highway access and ample parking.

    Property size:
    2,800 SF
    Lot size:
    12.89 Acres

    Property Features for 400 Old Franklin Tpke

    General Information

    Size
    2,800 SF
    Lot size
    12.89 Acres

    Source: The Magnolia Companies Agent Lynda Lange

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Rocky Mount

    This 2,800 square foot retail space is located in a premier shopping center in Rocky Mount, Virginia. The property benefits from convenient access to Highway 220. The location serves numerous smaller rural communities and is within easy reach of Roanoke and Martinsville, Virginia. Smith Mountain Lake is located 25 minutes to the east. The shopping center features a parking ratio of 4.51 spaces per 1,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant Supercuts Hair Salon Kroger Pharmacy Pharmacy Virginia ABC State Liquor Store OneMain Financial Loan Agency

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Wholesale Shop Hair Salon Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Franklin
    State
    Virginia
    Longitude
    -79.8658414
    Latitude
    37.0114592

    Nearby Similar for Lease

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      Functional Office Space For Rent

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    FAQs

    What type of property is this?
    Shopping center - Premier shopping center with highway access and ample parking.
    Where is this shopping center located?
    The property is located at 400 Old Franklin Tpke Rocky Mount, VA.
    What are key features of this property?
    This property features: - Premier center in Rocky Mount.; - Great access from Highway 220.; - Services smaller rural communities with access to Roanoke and Martinsville, VA.
    (919) 861-2102
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    400 Old Franklin Tpke Rocky Mount, VA 24151
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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
    400 Old Franklin Tpke Rocky Mount, VA 24151
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