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    2325 Sunset Ave Rocky Mount, NC 27804

    Sponsored
    For Sale
    $695,000

    Rocky Mount Office Investment Opportunity

    Property size:
    7,274 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional value-add investment opportunity presents a 7,274 square foot, single-story Class B office building situated on a 0.61-acre lot at 2325 Sunset Ave, Rocky Mount, NC 27804. The property, built in 1966, features a convenient location with easy access to Highways 301 and 64, placing it near major retailers such as Sam's Club, Lowe's, Walgreens, CVS, and several medical facilities. Currently, one tenant occupies 2,800 square feet under a triple net (NNN) lease with three years remaining. Two additional vacant units, totaling approximately 4,400 square feet (2,100 and 2,300 square feet), offer significant upside potential. The building boasts 16 private offices, two break rooms, a reception area, six bathrooms, and multiple supply rooms. Ample parking is available with 41 spaces. The asking price is $695,000, translating to $103.11 per square foot. The property is zoned O-I (Office Institutional), offering flexibility for various uses. This is an ideal opportunity for investors seeking a strong return in a desirable location. The current occupancy rate is 38.5%.

    Property Features for 2325 Sunset Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,274 SF
    Class
    B
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $695,000 asking price for this value‑add office building.
    • 7,274 square feet, single‑story building on a 0.61‑acre lot in Rocky Mount, NC.
    • Class B, 1‑unit, vacant executive office building with one existing tenant occupying 2,800 SF on a 3‑year NNN lease.
    • Located at 2325 Sunset Ave, Rocky Mount, NC 27804, with convenient access to major highways and nearby retail amenities.
    • Features 16 private offices, 2 break rooms, reception area, 6 bathrooms, multiple supply rooms, and 41 parking spaces.
    • Built in 1966, with O‑I (Office Institutional) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Lucas J. ... Dentist Harrold Dennis B ... Optometrist eyecarecenter Eye Care Center Express Employment Professionals Employment Agency

    Suggested Use

    Restaurant Realty agency 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
    Nash
    State
    North Carolina
    Longitude
    -77.826024
    Latitude
    35.959299

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    FAQs

    What type of property is this?
    Office Property / Space - Rocky Mount Office Investment Opportunity
    Where is this office property / space located?
    The property is located at 2325 Sunset Ave Rocky Mount, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price for this value-add office building.; 7,274 square feet, single-story building on a 0.61-acre lot in Rocky Mount, NC.; Class B, 1-unit, vacant executive office building with one existing tenant occupying 2,800 SF on a 3-year NNN lease.
    (252) 355-7006
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    2325 Sunset Ave Rocky Mount, NC 27804
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    Rocky Mount, NC 27804
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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
    2325 Sunset Ave Rocky Mount, NC 27804
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