Financial
Distress signals
Property profile

1553 S Church St Rocky Mount, NC 27803

FOR SALE
Other warehouses
Property ID
US53-2692500
4,960 SF 1.37 ac lot Built 1928
Last sale Aug 2014 · $45,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two warehouse buildings totaling approximately 8,680 square feet on a 1.34-acre site. The main building contains about 4,960 square feet of open warehouse space, including an approximately 560-square-foot office area, with wood flooring, high ceilings, barn-style doors, and a loading dock; it was historically used as an auction house and experienced a fire. The second building offers about 3,720 square feet of space and is served by five usable garage doors for vehicle

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$59k
Assessed land$23k
Assessed improvement$36k
Effective rate1.97%

Value estimate

· Sep 2026
$635k
$572k – $699k
CAP approach$665k
Submarket $/SF estimate$599k
NOI build-up
Gross scheduled income$87k
Vacancy & credit loss−$14k
Operating expenses−$26k
NOI · 30.03% cap applied$48k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$159/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$55 – $261

Cap rate analysis

How does the asset earn?
30.03%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I2
JurisdictionNASH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.8
Law Firm19.2
Spa & Massage14.6

Location

1553 S Church St Rocky Mount, NC 27803
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1027 Mt, Rocky Mount, NC 27803-2258 $187,000 Aug 2024 5,900 SF
2941 Wesleyan, Rocky Mount, NC 27803-9702 $85,000 Mar 2022 4,864 SF
2913 Church, Rocky Mount, NC 27803-5204 $200,000 Aug 2021 3,760 SF
720 Friend, Rocky Mount, NC 27803 $340,000 Jul 2021 3,168 SF
867 Church, Rocky Mount, NC 27803 $46,000 Apr 2021 7,056 SF
4361 Church, Rocky Mount, NC 27803-5712 $35,000 Jan 2020 3,852 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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