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    334/348 Washington St Rocky Mount, NC 27801

    • Specialty properties
    • 53,795 SF
    • 0.68 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 334/348 Washington St

    Lot size
    0.68 lot acres
    Property size
    53,795 SF
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 0.68-acre commercial land parcel, located at 334/348 S. Washington Street in Rocky Mount, NC (27801), presents a unique mixed-use development opportunity. The property encompasses a substantial 53,795 square feet and is zoned for both commercial and residential use, allowing for versatile development plans. A key advantage is the potential for significant grant funding

    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
    -77.796
    Latitude
    35.9387

    Comparable in this City

    • Value Estimation by Request
      1,344 SF

      1210 Cypress St

      CHARITABLE ORGANIZATION • 1,344 SF
      1210 Cypress St, Rocky Mount, NC 27801-6814
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    • Value Estimation by Request
      2,166 SF

      320 Goldleaf St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,166 SF
      320 Goldleaf St, Rocky Mount, NC 27801-5325
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    • Value Estimation by Request
      1,950 SF

      1592 Springbrook Dr

      Schools • 1,950 SF
      1592 Springbrook Dr, Rocky Mount, NC 27801
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    • Value Estimation by Request
      6,480 SF

      422 Lexington St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,480 SF
      422 Lexington St, Rocky Mount, NC 27801-5439
      View Details
    • Value Estimation by Request
      15,000 SF

      1250 Atlantic Ave

      CHARITABLE ORGANIZATION • 15,000 SF
      1250 Atlantic Ave, Rocky Mount, NC 27801-2710
      View Details
    • Value Estimation by Request
      1,773 SF

      619 Sycamore St

      CHARITABLE ORGANIZATION • 1,773 SF
      619 Sycamore St, Rocky Mount, NC 27801-5973
      View Details

    Similar Nearby for Sale

    • $1,200,000
      0.68 Acres

      Downtown Rocky Mount Commercial Land

      Prime location, redevelopment opportunity.
      334/348 Washington St, Rocky Mount, NC 27801
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      Rocky Mount Development Land

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    • Contact for pricing
      0.21 Acres

      Land in Rocky Mount, NC

      Land ideal for forestry in Rocky Mount, North Carolina.
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      View Details
    • $199,900
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      Rocky Mount Land For Sale

      24 acres of land with development potential in Rocky Mount.
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    • $42,500
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      Residential Land in Rocky Mount

      Vacant lot suitable for building a single-family home.
      620 Woodland Ave, Rocky Mount, NC 27801
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      112,496 SF

      112 Fairview Rd

      Individual retail properties • 112,496 SF
      112 Fairview Rd, Rocky Mount, NC 27801
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    • $3 SF/Yr
      51,496 SF

      Prime Rocky Mount Industrial Space

      Executive Offices & Warehouse - 51,496 SF
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    • Sponsored
      $3,000 /Mo

      841 Wesleyan Blvd

      Large office in great location
      841 Wesleyan Blvd, Rocky Mount, NC 27801
      View Details
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    334/348 Washington St
    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
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