0 Wesleyan Blvd Rocky Mount, NC 27804
This exceptional 30.5-acre property in Rocky Mount, North Carolina, presents a remarkable investment opportunity. Located on N Wesleyan Blvd, this undeveloped lot boasts a highly desirable location, minutes from downtown Rocky Mount and offering easy access to major transportation arteries, including I-64 and I-95. Its strategic position near NC Wesleyan College, Pfizer, and Belmont Lake Golf Club, along with its proximity to schools, makes it ideal for a variety of development projects. The property is zoned for commercial, residential, and timberland use, providing significant flexibility for future plans. Consideration for apartment buildings, single-family homes, or multi-family housing developments is highly encouraged given the area's demand. Furthermore, the existing timber on the land offers an additional revenue stream, with an estimated value of $60,000 to $100,000. The property's APN is 385108993011. This is a rare chance to acquire a substantial parcel of land in a thriving area, poised for significant growth and return on investment. The asking price is $1,000,000. The property is offered for sale by owner.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.