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Mobile Home Park with Additional Lot
For Sale
$499,000

86 Sherman Lane, Rocky Mount, VA 24151

Commercial Sale, Rocky Mount, VA

Property Size1,196 SF
Lot Size10.28 Acres
Price / SF$417.22
Days on Market92

Property Features for 86 Sherman Lane

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Rooms Bathroom 2, Bathroom 1
Subdivision Franklin County
Standard status Active
Size 1,196 SF
Lot size 10.28 Acres

Building Details

Year built 2007
Floors in Building 1
Listing Agency: Sarver Properties
Listed By: Richard Sarver
Added: Jun 26 Changed: Sep 12 Last Checked: Sep 25 at 1:06PM
MLS# 150322

Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. 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 mobile home property includes five doublewide homes along with one additional lot occupied by a long-term renter. The property encompasses 10.28 acres at 86 Sherman Lane in Rocky Mount, Virginia, providing a sizable land component for the existing rental setup. The homes were built in 2007, and the property includes two bathrooms and one additional bathroom designation in the available room information. Access to nearby 220 connects the property with the surrounding Franklin County area. The offering combines established residential rental occupancy with an additional lot on the same acreage.

Key Highlights

  • Five doublewide homes included
  • One additional lot with a long‑term renter
  • 10.28‑acre property in Rocky Mount, VA

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 24151, VA

18,785
Population
8,668
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
165.4 sq mi
ZIP Area
114
Density / Sq Mi
$65,267
Median Household Income
$40,159
Median Earnings
$769
Median Rent
$190,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Rental property with five doublewide homes and an additional lot occupied by a long-term renter.
Where is this mobile home & rv park located?
The property is located at 86 Sherman Lane Rocky Mount, VA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Five doublewide homes included; One additional lot with a long‑term renter; 10.28‑acre property in Rocky Mount, VA
More about this property
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