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Property profile

1131 Atlantic Ave Rocky Mount, NC 27801

OFF-MARKET
Industrial properties
Property ID
US53-0928178
View Sample
43,060 SF 8.44 ac lot Built 1974
Individually Owned 1-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional industrial property, situated on 15.4 acres in Rocky Mount, North Carolina, offers a substantial 57,985 square feet of versatile space ideal for manufacturing, warehousing, or flex operations. Built in 1974, this single-story building boasts a strategic location just off Highway 64 and minutes from I-95, ensuring excellent accessibility and logistics. The property features five dock-high doors and two drive-in doors, facilitating efficient loading and unloading. Ample power is available, with 800 amps of 480-volt and 400+ amps of 208-volt service. The building is fully climate-controlled with 100% HVAC. The property is zoned for industrial use and presents a significant opportunity for businesses seeking a well-equipped and strategically located facility. The sale price is $2,465,000, and lease rates are available at $3.95 per square foot, NNN. Rocky Mount, located in Nash and Edgecombe Counties, is a thriving city in northeastern North Carolina, boasting a population of 54,260 (2022 Census) and a vibrant community with amenities such as the Rocky Mount Sports Complex, The Imperial Center for Arts and Sciences, and The Rocky Mount Trail System. This property represents a rare opportunity to acquire a substantial industrial asset in a growing market.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1974
Total area 43,060 SF
Lot 8.44 ac (367,646 SF)
Zoning code I2
APN 386006387400
UPID US53-0928178

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$1.9M
7 recorded transactions
2025
Price N/A
2020
$1.9M
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I2 · Rocky Mount, NC

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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