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    1045 Main St Rocky Mount, VA 24151

    Sponsored
    For Sale
    $3,890,000

    Versatile Industrial Property: 77,550 SF

    Property size:
    77,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 77,550-square-foot industrial property, located at 1045 N Main St, Rocky Mount, VA 24151, presents a unique investment opportunity. The building, constructed in 1985 and classified as Class B, sits on a 9.37-acre lot and is zoned M1 in the Town of Rocky Mount. The single-story structure offers a diverse range of spaces, ideal for multiple uses. A significant portion comprises 24,000 square feet of high-ceiling warehouse space, complete with four dock-high doors and one drive-in door, perfect for distribution or manufacturing. An additional 19,500 square feet is available as warehouse or production space. The property also includes 7,600 square feet of open retail space with adjacent storage, along with administrative offices featuring training rooms and a large employee break area. The property's versatility is further enhanced by the possibility of developing an outparcel. With its ample space, strategic location, and flexible zoning, this property is well-suited for a variety of businesses seeking a prominent presence in Rocky Mount, Virginia. The property's APN is 2040028400.

    Property Features for 1045 Main St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    77,550 SF
    Class
    B
    Lot Size
    408,157 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • 77,550 SF industrial property on 9.37 acres in Rocky Mount, VA.
    • Class B building, built in 1985, zoned M1.
    • 24,000 SF high‑ceiling warehouse with 4 dock‑high doors and 1 drive‑in door.
    • Additional 19,500 SF of warehouse/production space and 7,600 SF of retail space with storage.
    • Includes administrative offices, training rooms, and employee break area; outparcel development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Goodwill Rocky Mount ... Non-Profit Organization Goodwill Store and Donation ... Thrift Store

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -79.8953739
    Latitude
    37.009814

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    FAQs

    What type of property is this?
    Manufacturing property - Versatile Industrial Property: 77,550 SF
    Where is this manufacturing property located?
    The property is located at 1045 Main St Rocky Mount, VA.
    What is the asking price?
    The asking price for this property is $3,890,000.
    What are key features of this property?
    This property features: 77,550 SF industrial property on 9.37 acres in Rocky Mount, VA.; Class B building, built in 1985, zoned M1.; 24,000 SF high-ceiling warehouse with 4 dock-high doors and 1 drive-in door.
    Request Owner's contact information
    1045 Main St Rocky Mount, VA 24151
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    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
    1045 Main St Rocky Mount, VA 24151
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