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    1045 Main St Rocky Mount, VA 24151

    • Commercial real estate
    • 77,550 SF
    • 9.37 lot acres
    For Sale
    View listing
    $3,890,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-1490316
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Goodwill Rocky Mount Office / Non-Profit Organization
    • Goodwill Store and Donation Center / Non-Profit Organization / Thrift Store

    Property Details for 1045 Main St

    Year built
    1985
    Lot size
    9.37 lot acres
    Property size
    77,550 SF
    Zone code
    M1
    Property type
    Commercial real estate
    APN
    204 00-284 00
    APU
    2040028400

    Description

    This exceptional 77,550-square-foot industrial property, located at 1045 N Main St, Rocky Mount, VA 24151, presents a unique investment opportunity. The building, constructed in 1985 and classified as Class B, sits on a 9.37-acre lot and is zoned M1 in the Town of Rocky Mount. The single-story structure offers a diverse range of spaces, ideal for multiple uses. A significant portion comprises 24,000 square feet of high-ceiling warehouse space, complete with four dock-high doors and one drive-in door, perfect for distribution or manufacturing. An additional 19,500 square feet is available as warehouse or production space. The property also includes 7,600 square feet of open retail space with adjacent storage, along with administrative offices featuring training rooms and a large employee break area. The property's versatility is further enhanced by the possibility of developing an outparcel. With its ample space, strategic location, and flexible zoning, this property is well-suited for a variety of businesses seeking a prominent presence in Rocky Mount, Virginia. The property's APN is 2040028400.

    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
    Franklin
    State
    Virginia
    Longitude
    -79.8953
    Latitude
    37.0098
    CBSA code
    40220
    CBSA name
    ROANOKE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $328,000
    $2,429,100
    $2,757,100
    -
    $328,000
    $2,429,100
    $2,757,100

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    Rocky Mount, VA 24151
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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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