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Property profile & analytics
OFF-MARKET
Mixed-use properties

2020 Benvenue Rd Rocky Mount, NC 27804

7.57 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Lot 7.57 ac (329,749 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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