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Property profile

1100 Atlantic Ave Rocky Mount, NC 27801

OFF-MARKET
Industrial properties
Property ID
US53-5536913
View Sample
10,983 SF 4.77 ac lot Built 1970
Individually Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional industrial property in Rocky Mount, NC, offers 51,496 square feet of versatile space, ideal for a variety of businesses. The property comprises four buildings situated on approximately 5.78 acres of land, providing ample room for operations and expansion. The space is currently fully vacant and available for lease, offering flexibility in terms of configuration. The minimum leasable area is 23,378 square feet, allowing for smaller tenants or the possibility of dividing the space among multiple occupants. The property includes valuable additional features such as fenced outdoor storage, perfect for equipment or materials, and a fueling station (currently inactive). Its strategic location less than two miles from downtown Rocky Mount and adjacent to the US-64 entrance ensures excellent accessibility and visibility. The property's size and amenities make it a highly attractive option for businesses seeking a substantial and well-equipped industrial space in a convenient location. The property can be leased in multiple configurations to suit various business needs. The address is 1100-1110 Atlantic Avenue, Rocky Mount, NC 27801.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Total area 10,983 SF
Lot 4.77 ac (207,781 SF)
Zoning code I2
APN 385097415600
UPID US53-5536913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.42M

Owner & transaction history

since 2021
Last sale
$1.5M
2 recorded transactions
2021
$1.5M
2008
Price N/A

Zoning & alternative use

I2 · Rocky Mount, NC
Top alternative use upside
Warehouse, storage $1.7M +39.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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