Financial
Distress signals
Property profile

18021 Virgil H Goode Hwy Rocky Mount, VA 24151

OFF-MARKET
Motels
Property ID
US87-1700497
7,513 SF 1.47 ac lot Built 1964
Last sale Sep 2025 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully renovated Redwood Motel and Mary's Diner, situated on a 1.47-acre lot at 18021 Virgil H Goode Hwy in Rocky Mount, Virginia (zip code 24151). The property boasts a total of 7,513 square feet across two buildings, with a permitted B2 zoning classification. Built in 1957 and extensively renovated in 2024, this property offers 16 guest rooms, each undergoing a complete gut renovation, including new wallboard, vinyl plank flooring, plumbing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$556k
Assessed land$224k
Assessed improvement$331k

Value estimate

· Sep 2026
$200k
$180k – $220k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.5
Building Supply8.5
Bakery8.4

Location

18021 Virgil H Goode Hwy Rocky Mount, VA 24151-3482
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 2 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
Active listings of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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