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    12888 Nc 97 Rocky Mount, NC 27803

    • Land
    • 31.35 lot acres
    For Sale
    View listing
    $815,100
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12888 Nc 97

    Lot size
    31.35 lot acres
    Property type
    Land

    Description

    This exceptional 31.35-acre commercial land parcel presents a unique investment opportunity in Rocky Mount, NC. Strategically located at the intersection of NC 301 Bypass and NC 97, this property boasts high visibility and accessibility. The land is comprised of four parcels within the city limits and ETJ, zoned for both Commercial Corridor District and Agricultural District uses, offering flexibility for various development projects. Situated just five minutes from downtown Rocky Mount and six minutes from Highway 64, this location benefits from excellent connectivity and high traffic volume, with 26,000 vehicles per day on the NC 301 Bypass and 7,600 vehicles per day on NC 97. The property is further enhanced by access to municipal water and sewer services. The asking price is $815,100, translating to $26,000 per acre. APN numbers are 374807595493

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Nash
    State
    North Carolina
    Longitude
    -77.8324
    Latitude
    35.9119

    Comparable in this City

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      8498 Tarboro Rd

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      Tarboro Rd Off

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      730 Wesleyan Blvd

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      0.49 Acres

      4350 Church St

      COMMERCIAL (GENERAL) • 0.49 Acres
      4350 Church St, Rocky Mount, NC 27803-5711
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      2,328 SF

      103 Summerwinds Ln

      COMMERCIAL (GENERAL) • 2,328 SF
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    Rocky Mount, NC 27803
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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
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