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High-Visibility Commercial Building on Corridor
For Sale
$369,000

1505 E Raleigh, Rocky Mount, NC 27801

Commercial building on busy corridor with expansion potential.

Property Size2,260 SF
Lot Size0.54 Acres
Price / SF$163.27
Days on Market307

Property Features for 1505 E Raleigh

General Information

Standard status Active
Size 2,260 SF
Lot size 0.54 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,927

Amenities

Architectural Shingle Roof
Concrete Flooring
Level
Painted/Stained Flooring
Paved
Rectangular Lot

Building Details

Year Built 1986
Listing Agency: COMPASS -- RALEIGH
Listed By: MARIANNE MANSOUR · License #285588
Source: Corcoran
Added: Nov 2, 2025 Changed: Sep 2 Last Checked: Sep 4 at 6:14AM

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 COMPASS -- RALEIGH

Investment Insights

Based on property information with market context.

This high-visibility commercial building is situated on a busy corridor in Rocky Mount. The storefront occupies a 0.5-acre lot zoned B-2, presenting an existing income-producing building with potential for expansion via an additional structure. Located along East Raleigh Boulevard, the site benefits from substantial daily traffic, with counts ranging from 10,000 to 19,000 vehicles. Its location provides convenient access to major highways, including US-64 and I-95, with East Raleigh Boulevard offering direct access to downtown Rocky Mount. The surrounding area features established apartment communities and residential neighborhoods within walking distance. The building has a size of 2260 square feet.

Key Highlights

  • High‑visibility location on East Raleigh Boulevard with strong daily traffic counts.
  • B‑2 zoning on a ½‑acre lot offering potential for expansion.
  • Existing income‑producing building.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Restaurant HVAC Service Auto Repair Shop

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

128
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Dining 48%
Bojangles' Famous Chicken 'n Biscuits Dining
16,425 visits/mo 0.5 miles
McDonald's Dining
12,985 visits/mo 0.2 miles
Roses Discount Store Shops & Services
9,468 visits/mo 0.1 miles
Hardee's Dining
9,174 visits/mo 0.2 miles
Exxon Shops & Services
8,939 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building on busy corridor with expansion potential.
Where is this storefront property located?
The property is located at 1505 E Raleigh 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.; B‑2 zoning on a ½‑acre lot offering potential for expansion.; Existing income‑producing building.
More about this property
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