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High-Visibility Retail Building on B-2 Lot
For Sale
$369,000

1505 E Raleigh Boulevard, Rocky Mount, NC 27801

COMMERCIAL - Rocky Mount, NC

Property Size2,260 SF
Lot Size0.54 Acres
Price / SF$163.27
Days on Market293

Property Features for 1505 E Raleigh Boulevard

General Information

Property type Commercial Sale
Property subtype Retail
Zoning B-2
Interior features Laminate Counters
Lot features Level, Paved, Rectangular Lot
Standard status Active
Size 2,260 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pettaway Ld
Tax Annual Amount 1927
Legal Description Pettaway Ld

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1986
Floors in Building 1
Flooring type Painted/stained, Concrete
Building materials Block, Metal Siding
Roof type Shingle
Listing Agency: Compass -- Raleigh
Listed By: Marianne Mansour · License #285588
Added: Oct 30, 2025 Changed: Aug 4 Last Checked: Aug 18 at 7:06PM
MLS# 10131002

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This high-visibility commercial property includes an existing storefront building on a 0.54-acre B-2-zoned lot, along with space that allows for expansion with an additional structure. The site is positioned to capture strong daily traffic and visibility along a major corridor.

The property is located on East Raleigh Boulevard in Rocky Mount, with access to major highways (US-64 and I-95) just minutes away. The surrounding area includes established apartment communities and residential neighborhoods within walking distance.

At 2,260 square feet, the building provides a straightforward retail layout within a corridor location designed for consistent exposure to passing traffic.

Key Highlights

  • High‑visibility location on East Raleigh Boulevard with strong daily traffic counts (10,000 - 19,000 vehicles).
  • B‑2 zoning allows for an income‑producing building with potential for expansion.
  • Located on a 1/2‑acre lot.

Property Analytics

Current Use

Lucky Hot Spot Restaurant

Suggested Use

Top Pick Law Firm Spa & Massage Center Bakery Kitchen & Bath Showroom Accounting Firm Hair Salon

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Bojangles' Famous Chicken 'n Biscuits Dining
16,425 visits/mo 0.1 miles
Roses Discount Store Shops & Services
9,468 visits/mo 0.5 miles
Dollar Tree Shops & Services
5,383 visits/mo 0.5 miles
Family Dollar Shops & Services
4,413 visits/mo 0.3 miles
Pizza Hut Dining
1,989 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront on a B-2-zoned lot with direct boulevard access and room for an additional structure.
Where is this storefront property located?
The property is located at 1505 E Raleigh Boulevard Rocky Mount, NC.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: High‑visibility location on East Raleigh Boulevard with strong daily traffic counts (10,000 - 19,000 vehicles).; B‑2 zoning allows for an income‑producing building with potential for expansion.; Located on a 1/2‑acre lot.
More about this property
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