1300 Scott St Rocky Mount, NC 27801

Property Details for 1300 Scott St

Property type

Commercial real estate

Description

This exceptional 5.72-acre property in Rocky Mount, North Carolina, presents a significant development opportunity. Located at 1300 Scott St, the land is graded, fenced, and strategically priced at $1,430,000 with seller financing options. Currently zoned I-1 (Light Industrial District), a proposed rezoning to R-6MFA (Residential) allows for multifamily, townhome, or single-family developments. The site's versatility is further enhanced by its proximity to downtown Rocky Mount (three minutes away), major transportation arteries (seven minutes from I-95 and Highway 64), and cultural amenities like the Imperial Centre and Rocky Mount Event Center. Water and sewer access are available. The surrounding area primarily consists of R-6MFA zoning, indicating a strong residential focus. The property also includes four existing unconditioned warehouses totaling 92,160 square feet, each with 23,040 square feet and covered delivery entrances, offering immediate income potential or redevelopment options for an owner-user. This presents a rare chance to capitalize on a prime location in a growing area, aligning with the city's comprehensive plan for residential development. The property's location near educational institutions and its potential for diverse development makes it an attractive investment for developers and investors seeking high-potential projects. The existing warehouses, while unconditioned, offer significant added value. This is a truly unique opportunity to shape the future of this vibrant community.

Location Insight

City

Rocky Mount

County

Edgecombe

State

North Carolina

Longitude

-77.778478667091

Latitude

35.948078536905