Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    319 Summitt Ave Old Farm Rd Roanoke Rapids, NC 27870

    Sponsored
    For Sale
    $175,000

    High-traffic location, near I-95 & medical facilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial land parcel, located at 319 Summitt Ave (extending to Old Farm Road) in Roanoke Rapids, NC 27870, presents a unique investment opportunity. Priced at $175,000, this property boasts a highly desirable location, less than a mile from I-95 and within half a mile of the Halifax Regional Center. Its strategic position is further enhanced by its proximity to a cluster of established medical practices, including adult medicine, orthopedic surgery, express care, surgical associates, a dialysis center, and various dental offices. The area also features significant retail presence, including Walmart, Starbucks, Collier Harley Davidson, and Belk. Other nearby establishments include a veterinary hospital, fitness centers, the Social Security office, a law firm, and a fire department. The high traffic volume and easy access to I-95, Highway 158, and Highway 125 make this an ideal site for a variety of commercial ventures. While two small homes are situated on the property, they are considered to have no significant value and the sale is strictly for the commercial land itself. Adjacent commercial properties are listed under MLS numbers 132181 and 132185. This is a rare chance to acquire a prime commercial location in a thriving area of Roanoke Rapids.

    Property Features for 319 Summitt Ave Old Farm Rd

    General Information

    Property type
    Land

    HighLights

    • $175,000 commercial land parcel at 319 Summitt Ave, Roanoke Rapids, NC.
    • Less than one mile from I‑95 and half a mile from Halifax Regional Center.
    • High traffic volume and convenient access to major highways (I‑95, Hwy 158, Hwy 125).
    • Surrounded by medical facilities, retail businesses (Walmart, Starbucks, Belk), and other amenities.
    • Two existing homes on the property have minimal value; sale is for land only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke Rapids
    County
    Halifax, NC
    State
    North Carolina
    Longitude
    -77.6394643
    Latitude
    36.4300489

    Nearby Comparable

    • $175,000

      Roanoke Rapids Commercial Land

      High-traffic location, near I-95.
      317 Summitt Ave Old Farm Rd, Roanoke Rapids, NC 27870
      View Details
    • $175,000

      Prime Roanoke Rapids Commercial Land

      High-traffic location, I-95 proximity.
      0 Summitt Ave Old Farm Rd, Roanoke Rapids, NC 27870
      View Details
    • $249,000
      1.57 Acres

      Roanoke Rapids Commercial Land Available

      1.5 acre lot suitable for restaurant, retail, or office.
      1501 4Th Ave, Roanoke Rapids, NC 27870
      View Details
    • $2,500,000
      11.39 Acres

      Prime Commercial Parcels on I-95

      Two commercial parcels on I-95 with high visibility.
      Premier Blvd, Roanoke Rapids, NC 27870
      View Details
    • $210,000
      2,156 SF

      Roanoke Rapids Commercial Opportunity

      Commercial property in a busy area near Hwy 158.
      110 Office Park Dr, Roanoke Rapids, NC 27870
      View Details
    • $1,400,000
      4.66 Acres

      Roanoke Rapids Commercial Land

      4.66 Acres, B-4 Zoning, Prime Location
      0 Office Park Dr, Roanoke Rapids, NC 27870
      View Details
    • New
      $285,000
      1,636 SF

      Updated Home with Fenced Backyard

      Renovated 3-bedroom home with versatile bonus building and fenced yard.
      133 Devonshire Cir, Roanoke Rapids, NC 27870
      View Details

    Nearby Similar for Sale

    • $2,500,000
      18,000 SF

      Prime Commercial Property I-95 Access

      Exceptional commercial property with high visibility and easy I-95 access.
      1615 East 10Th St, Roanoke Rapids, NC 27870
      View Details
    • New
      $285,000
      1,636 SF

      Updated Home with Fenced Backyard

      Renovated 3-bedroom home with versatile bonus building and fenced yard.
      133 Devonshire Cir, Roanoke Rapids, NC 27870
      View Details
    • $625,000
      7,200 SF

      Versatile Commercial Property on 6+ Acres

      Prime commercial property with unmatched visibility and direct access.
      1652 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details
    • $625,000
      6.13 Acres

      Prime Commercial Land with Visibility

      6+ acres with unmatched visibility, flexibility, and direct access.
      1652 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details
    • $205,000
      0.12 Acres

      Historic Roanoke Avenue Mixed-Use Building

      Prime commercial opportunity with retail, office, or residential potential.
      933 Roanoke Ave, Roanoke Rapids, NC 27870
      View Details
    • $169,900
      Pending

      Updated Office Building in High-Traffic Area

      Move-in ready office building with high visibility and flexible B-4 zoning.
      709 Julian R. Allsbrook, Roanoke Rapids, NC 27870
      View Details
    • $210,000
      2,156 SF

      Roanoke Rapids Commercial Opportunity

      Commercial property in a busy area near Hwy 158.
      110 Office Park Dr, Roanoke Rapids, NC 27870
      View Details
    • $1,500,000
      16.63 Acres

      Cross Creek Parkway Apartments

      144-Unit Multifamily Investment Opportunity
      3 Cross Creek Pkwy, Roanoke Rapids, NC 27870
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location, near I-95 & medical facilities.
    Where is this land located?
    The property is located at 319 Summitt Ave Old Farm Rd Roanoke Rapids, NC.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 commercial land parcel at 319 Summitt Ave, Roanoke Rapids, NC.; Less than one mile from I-95 and half a mile from Halifax Regional Center.; High traffic volume and convenient access to major highways (I-95, Hwy 158, Hwy 125).
    (252) 532-9194
    Request Owner's contact information
    319 Summitt Ave Old Farm Rd Roanoke Rapids, NC 27870
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    319 Summitt Ave Old Farm Rd
    Roanoke Rapids, NC 27870
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    319 Summitt Ave Old Farm Rd Roanoke Rapids, NC 27870
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.