12 Woods Edge Dr Rocky Mount, VA 24151
This exceptional 1.143-acre commercial lot is located in the desirable Woods Edge subdivision of Rocky Mount, Virginia. Zoned A1, this property presents a unique opportunity for various commercial ventures. Its convenient location offers easy access to Smith Mountain Lake, as well as the nearby cities of Rocky Mount, Roanoke, and Martinsville, ensuring high visibility and accessibility for businesses. A significant advantage is the pre-existing well, eliminating a crucial initial development cost. The seller is open to building to suit the buyer's specific needs, offering flexibility and customization. The surrounding area features beautiful homes, creating an attractive and established community. High-speed internet access from Shentel is also planned for the near future, further enhancing the property's appeal. The lot's APN is 0450000615. All offers are welcome. This is an excellent investment opportunity for those seeking a well-located, ready-to-develop commercial parcel in a thriving area. The asking price is $26,000.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.