1101 Rockingham Rd Rockingham, NC 28379
- Commercial real estate
- 3,360 SF
- 2.75 lot acres
Current Use by Public Records
- Mc Neill Funeral Home / Funeral Home
Property Details for 1101 Rockingham Rd
- Year built
- 1967
- Lot size
- 2.75 lot acres
- Property size
- 3,360 SF
- Property type
- Commercial real estate
- APN
- 747206398864
- APU
- 747206398864
Description
This exceptional investment opportunity presents a 3,360-square-foot funeral home situated on a substantial 3.79-acre lot in Rockingham, North Carolina. Built in 1970, the single-story building boasts 100% occupancy and offers significant potential for future growth. The property features 1,040 square feet of covered parking, providing ample space for visitors and staff. The strategic location on Rockingham Road benefits from commercial zoning, while the rear portion of the property, zoned for residential use, adjoins a multi-family development, suggesting further development possibilities. The asking price is $585,000, translating to a land value of $174.11 per square foot. The property's mixed-use zoning (Mixed Use, Residential, Commercial) allows for a variety of potential uses, making it an attractive investment for both seasoned and emerging entrepreneurs. The current tenant has no credit rating. This unique offering combines a stable, income-generating asset with significant upside potential for future expansion or redevelopment. The substantial lot size and flexible zoning provide a rare opportunity to capitalize on the growing needs of the community. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockingham
- County
- Richmond
- State
- North Carolina
- Longitude
- -79.7544
- Latitude
- 34.9287
- CBSA code
- 40460
- CBSA name
- ROCKINGHAM, NC MICROPOLITAN STATISTICAL AREA
