Entity Owned
No photos on file
For Sale
Contact for pricing
1175 State St, Rocky Mount, VA 24151
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1996
Total area
4,830 SF
Lot
2 ac (87,120 SF)
Zoning code
GB
APN
201 00-061 01D
UPID
US87-1769250
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
-
Storage Facility
-
Gym & Fitness Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$305k
Owner & transaction history
since 2021
Last sale
$250,000
3 recorded transactions
Zoning & alternative use
GB · Rocky Mount, VA
Zoning description
(3) GB, General Business. The intent of this district is to accommodate a wide range of retail, wholesale, service, and office uses that cater to the traveling public and serve the Town and the surrounding region. The Di…
General category
COMMERCIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$305k
Value range
$275k – $336k
±10% around blend
Estimated value / SF
$63 / SF
Confidence
High
5 county-verified comps
Property data
88
Comparable evidence
50
$275k
blend $305k
$336k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,830 SF
Lot area
2 ac
Year built
1996
Stories
1
APN
201 00-061 01D
Zoning
GB
Assessed value
$373,200
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$386k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.5 mi away · 5,992 SF
18.1 mi away · 4,916 SF
18.1 mi away · 5,183 SF
20.3 mi away · 5,318 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$305k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$250k
Move the market yield to see immediate price impact.
Value / SF
$52
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$16k
$315k
$225k
$175k
$18k
$350k
$250k
$194k
$19k
$385k
$275k
$214k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$225k
17.3 mi · Jan 2026 · $39/SF
Property tax & assessments
Property tax & assessments
Assessed value
$373,200
Assessed 2023
Previous assessed
$373,200
+0.0% YoY
Assessed land
$217,800
Assessed improvement
$155,400
Land market value
$217,800
Improvement market value
$155,400
Total market value
$373,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1996
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
4,830 SF
Lot
2 ac (87,120 SF)
Zoning code
GB
APN
201 00-061 01D
UPID
US87-1769250
Jurisdiction
FRANKLIN
Zoning & alternative use
GB · Rocky Mount, VAZoning GB · permitted uses
GB · Rocky Mount, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
(3) GB, General Business. The intent of this district is to accommodate a wide range of retail, wholesale, service, and office uses that cater to the traveling public and serve the Town and the surrounding region. The Di…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1996
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
GB
COMMERCIAL
Jurisdiction
Rocky Mount, VA
Recorded code
GB
Official district
GB
Official district profile
What the municipal code says about GB
Zoning description
(3) GB, General Business. The intent of this district is to accommodate a wide range of retail, wholesale, service, and office uses that cater to the traveling public and serve the Town and the surrounding region. The Di…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GB in Rocky Mount, VA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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