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    217 Fairview Rd Rocky Mount, NC 27801

    Sponsored
    For Sale
    $250,000

    High-visibility retail space, 5040 sq ft.

    Property size:
    5,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,040-square-foot storefront property at 217 S Fairview Rd, Rocky Mount, NC 27801, is offered at $250,000 ($49.60/sq ft). The Class D building, renovated in 2006, sits on a 1.28-acre lot (APN: 3769-24-9816-00) zoned B1, providing ample space and development potential. Its prime location on Fairview Road ensures high visibility, benefiting from proximity to a thriving kidney center, a busy funeral home, and a Food Lion shopping center featuring several national retailers (within a quarter-mile radius). Additional nearby amenities include a Southern Bank and a successful medical center. The single-story building presents a blank canvas for various retail ventures, capitalizing on its strategic placement within a bustling commercial neighborhood. The property's significant size, including over an acre of vacant land, offers substantial expansion or redevelopment opportunities. This is a rare chance to acquire a well-positioned retail space with significant upside in a growing area. The property features one building.

    Property Features for 217 Fairview Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,040 SF
    Class
    D
    Lot Size
    55,757 SF

    Building Details

    Year Renovated
    2006
    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic location on a busy city street.
    • Less than a quarter‑mile from a Food Lion shopping center.
    • Situated in a thriving commercial area.
    • Over one acre of vacant land available for development.
    • Excellent development opportunity.
    • High street visibility ensures strong brand recognition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Edgecombe
    State
    North Carolina
    Longitude
    -77.774590604173
    Latitude
    35.927984378616

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility retail space, 5040 sq ft.
    Where is this individual retail property located?
    The property is located at 217 Fairview Rd Rocky Mount, NC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: High-traffic location on a busy city street.; Less than a quarter-mile from a Food Lion shopping center.; Situated in a thriving commercial area.
    Request Owner's contact information
    217 Fairview Rd Rocky Mount, NC 27801
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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
    217 Fairview Rd Rocky Mount, NC 27801
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