1000 Leggett Rd, Rocky Mount, NC 27801
This exceptional 0.28-acre commercial property at 1000 Leggett Road in Rocky Mount, North Carolina, presents a unique investment opportunity. Priced at $69,999, this 1,750 square foot lot offers significant potential for a variety of uses. Its convenient location, just five minutes from downtown Rocky Mount, ensures high visibility and accessibility. The property boasts a rich history as a former restaurant, providing a solid foundation for future development. Potential uses are diverse and include, but are not limited to, a continuing care retirement community, religious institution, office space, child day care center, multi-family dwelling, single-family detached dwelling, or a restaurant with drive-up/walk-up service. The property's zoning and permitted uses should be independently verified. This versatile parcel is ideal for both investors seeking a strong return and owner-users looking to establish a thriving business in a desirable location. The property's size and location make it an attractive proposition for a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities this property offers. The address is 1000 Leggett Road, Rocky Mount, NC 27801.
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.