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    20221 Virgil H Goode Hwy Rocky Mount, VA 24151

    For Sale
    $660,000

    2,853 sq. ft. building on 0.78 acres for sale.

    Property size:
    2,853 SF
    Lot size:
    0.63 Acres

    Property Features for 20221 Virgil H Goode Hwy

    General Information

    Size
    2,853 SF
    Lot size
    0.63 Acres

    Source: Walker Commercial Services Inc Agent Asher Walker

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

    Overview

    Restaurant-Style Building on 0.78 Acres

    This 0.78-acre property features a 2,853 sq. ft. building situated in a high-visibility location along a major business corridor. The property is zoned B2 and has a restaurant-style layout, providing flexibility for a range of commercial or industrial uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    El Rio Mexican ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Franklin
    State
    Virginia
    Longitude
    -79.8956306
    Latitude
    37.0701199

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    FAQs

    What type of property is this?
    Retail space - 2,853 sq. ft. building on 0.78 acres for sale.
    Where is this retail space located?
    The property is located at 20221 Virgil H Goode Hwy Rocky Mount, VA.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: - High-visibility location on a major business corridor.; - 0.78-acre property with a 2,853 sq. ft. building.; - B2 zoning allows for a range of commercial or industrial uses.
    (540) 344-6160
    Request Owner's contact information
    20221 Virgil H Goode Hwy 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
    20221 Virgil H Goode Hwy Rocky Mount, VA 24151
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