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Property profile & analytics

1505 E Raleigh Blvd Rocky Mount, NC 27801

  • Commercial real estate
  • 1,600 SF
  • 0.54 lot acres
For Sale
Last Sale
Jan 27, 2023
$170,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-1532752
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lucky Hot Spot / Restaurant

Property Details for 1505 E Raleigh Blvd

Year built
1986
Lot size
0.54 lot acres
Property size
1,600 SF
Zone code
R10
Property type
Commercial real estate
APN
386031633800
APU
386031633800

Description

This exceptional retail property, located at 1505 E Raleigh Blvd in Rocky Mount, NC, presents a unique investment opportunity. The 1,600 square foot building, constructed in 1986, sits on a 0.54-acre lot and is zoned for commercial use. Currently vacant, this Class C property offers immediate potential for owner-users or investors seeking a prime retail location. The asking price is $339,000, translating to $211.88 per square foot. The property features one building, one story, and one unit. Its convenient location near Highway 64 and on the high-traffic East Raleigh Boulevard ensures excellent visibility and accessibility. The property includes one gas pump and a refrigerator unit that will convey with the sale. The surrounding area boasts a high density of residential properties, including apartments both behind and across the street, creating a strong customer base. This is an ideal opportunity to establish a thriving convenience store or grocery store business in a well-populated area. The property's size and location make it an attractive investment for both owner-operators and passive investors seeking a strong return. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rocky Mount
County
Edgecombe
State
North Carolina
Longitude
-77.7715
Latitude
35.9457
CBSA code
40580
CBSA name
ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$0.00
$0.00
$0.00
-
$50,000
$46,719
$96,719
More about this property
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