Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1415 10Th St Roanoke Rapids, NC 27870

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime industrial space, high visibility, I-95 access.

    Lot size:
    20,328 SF

    Property Features for 1415 10Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,328 SF
    Total Rate
    9740.5

    Building Details

    Year Built
    1983

    Spaces For Lease

    at 1415 10Th St, Roanoke Rapids, NC 27870 Contact us
    Unit Available Space

    $5 /Mo

    Size
    20,328 SF
    Contact us

    We can help!

    Listing Contact
    Taylor Barnes
    Taylor Barnes

    Listing Agent: Taylor Barnes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 20,328-square-foot warehouse, located at 1415 E 10th Street in Roanoke Rapids, North Carolina, presents a significant opportunity for businesses seeking a single-tenant space. Built in 1983, the property sits on a generous 3.11-acre lot and is zoned RR_B4, C (Commercial District, Neighborhood Shopping Center), allowing for diverse commercial uses. The warehouse features two dock-high doors and two drive-in doors, facilitating efficient loading and unloading. Ample parking is available, with 210 spaces (a ratio of 6 per 1,000 square feet). The entire 20,328 square feet is currently vacant and move-in ready. The property boasts high visibility and signage options, making it ideal for businesses seeking strong brand presence. Its strategic location adjacent to I-95 provides easy access to major transportation routes, connecting businesses to Virginia and beyond. Halifax County, home to Roanoke Rapids, offers several attractions including Lake Gaston, Sylvan Heights Bird Park, and the Art of Napoleon Hill Tour, adding to the area's appeal. This property offers a unique blend of functionality, accessibility, and visibility, making it an attractive investment for a variety of commercial enterprises. The power supply is substantial, catering to the needs of industrial operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke Rapids
    County
    Halifax
    State
    North Carolina
    Longitude
    -77.6431341
    Latitude
    36.4454792

    Nearby Similar for Lease

    • Contact for pricing
      5,322 SF

      Retail Space in Desirable Market

      Retail space with high visibility and strong traffic counts.
      1479 Julian R Allsbrook Hwy, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing

      Retail Outparcel in Roanoke Rapids

      Retail space available in front of Premier Landing Shopping Center.
      Premier Blvd, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing

      Retail Property in Roanoke Rapids

      Retail property in a high-traffic location with strong surrounding retailers.
      Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing
      19,000 SF

      Premier Landing Retail Spaces

      Roanoke Rapids, NC Shopping Center Opportunity
      337 Premier Blvd, Roanoke Rapids, NC 27870
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime industrial space, high visibility, I-95 access.
    Where is this distribution property located?
    The property is located at 1415 10Th St Roanoke Rapids, NC.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 20,328 SF freestanding warehouse available for sublease until 7/31/29.; 3.11-acre lot.; RR_B4, C (Commercial District, Neighborhood Shopping Center) zoning.
    (704) 274-1224 Call to check price and availability
    Request Owner's contact information
    1415 10Th St 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.
    1415 10Th St
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1415 10Th St 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Taylor Barnes
    Taylor Barnes
    Real Estate License ID: 317642
    (704) 274-1224 (704) 942-4730 (704) 373-9797
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!