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    710 Caroline St Rockingham, NC 28379

    Sponsored
    For Sale
    $775,000

    Historic building, versatile space, 5.7 acres

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,000-square-foot commercial property, situated on a sprawling 5.7-acre lot in Rockingham, North Carolina, presents a unique investment opportunity. Originally built in 1905 and completely renovated in 2019, this two-story building boasts three structures, including a main building with approximately 6,000 square feet of space, a 600-square-foot storage building, and an 1800-square-foot pavilion. The main building features five or six bedrooms, three full bathrooms, and two half bathrooms (one accessible from the outside). Interior highlights include a large living room, parlor, dining area, a spacious hallway, a sizable prep kitchen, and a walk-in pantry. Exterior amenities include a full wrap-around porch, a handicap ramp and rails, a pergola, and a gazebo. The property is zoned for commercial use and offers ample parking. High-speed internet access is provided, enhanced by three mesh Wi-Fi extenders, and a security system is in place. The property is well-lit for nighttime security. Previously used as an event venue, this versatile property is well-suited for a variety of commercial uses, including but not limited to a bed and breakfast, restaurant, or office space. The asking price is $775,000. Note that no assets belonging to the current business are included in the sale; only the property itself is being offered. The property's address is 710 S Caroline St, Rockingham, NC 28379.

    Property Features for 710 Caroline St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,000 SF
    Lot Size
    248,292 SF

    Building Details

    Year Built/Renovated
    1905/4
    Buildings
    3
    Stories
    2

    HighLights

    • $775,000 asking price for a 6,000 square foot retail property.
    • Located at 710 S Caroline St, Rockingham, NC 28379, on a 5.7‑acre lot.
    • Features three buildings, including a two‑story, 6,000 SF main building with 5/6 bedrooms and 4.5 baths, renovated in 2019.
    • Includes a 1,800 SF pavilion, pergola, gazebo, and a 600 SF storage building.
    • Currently zoned commercial, suitable for various uses including restaurant, event venue, or bed and breakfast.
    Property Profile Location Intelligence

    Current Use by Public Records

    A Southern Touch At The Estate Event Venue

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockingham
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.7771242
    Latitude
    34.9277912

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, versatile space, 5.7 acres
    Where is this individual retail property located?
    The property is located at 710 Caroline St Rockingham, NC.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price for a 6,000 square foot retail property.; Located at 710 S Caroline St, Rockingham, NC 28379, on a 5.7-acre lot.; Features three buildings, including a two-story, 6,000 SF main building with 5/6 bedrooms and 4.5 baths, renovated in 2019.
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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
    710 Caroline St Rockingham, NC 28379
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