489 Smith Church Rd Roanoke Rapids, NC 27870
Exceptional investment opportunity in Roanoke Rapids, NC, presents a thriving, privately-owned perpetual care cemetery, Crestview Memorial Cemetery (CMC), established for over 60 years. This 450 sq ft property boasts over 5,000 unsold grave sites, including newly acquired land and existing plots. On-site improvements include a main office building with two large offices and a half-bath, plus a workshop and storage building. The cemetery's convenient location just south of ECU Health Hospital, near I-95, Lake Gaston, and the Roanoke River, ensures high visibility and accessibility. The asking price is $1,200,000. This turnkey operation offers significant potential for growth and return on investment, making it an ideal acquisition for discerning buyers seeking a stable and profitable venture in a desirable location. No real estate sign is present on the property. Serious inquiries only.
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Crestview Memorial Cemetery Cemetery
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
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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.