2020 Benvenue Rd Rocky Mount, NC 27804
This exceptional 7.57-acre property, located at 2020 Benvenue Road in Rocky Mount, North Carolina (APN: 385109052419), presents a unique investment opportunity. Zoned R-6MFA, it's ideally suited for multifamily development, offering significant potential for a high-return project. The site boasts over 400 feet of road frontage on Benvenue Road, a major thoroughfare with an impressive 11,000 AADT (NCDOT 2021 data), ensuring high visibility and accessibility. Its strategic location provides convenient access to US Highway 64, Highway 301, and Interstate 95, connecting residents to key transportation arteries. The property is further enhanced by its proximity to established amenities such as Rocky Mount Mills, Cobb Corners Shopping Center, and Benvenue Country Club. Existing infrastructure includes readily available city water and sewer utilities, simplifying development and reducing upfront costs. This is a rare opportunity to acquire a large, well-located parcel in a thriving area, ready for immediate development. The property is situated in Nash County, North Carolina, zip code 27804.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.