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Property profile & analytics
OFF-MARKET
Land

12 Woods Edge Dr Rocky Mount, VA 24151

1.14 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.14 ac (49,789 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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