Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1718 10Th St Roanoke Rapids, NC 27870
    Back to Search
    Property profile & analytics

    1718 10Th St, Roanoke Rapids, NC 27870

    View on Map
    • Commercial real estate
    • 17,900 SF
    • 2.36 lot acres
    Off-Market
    Property ID
    US53-5105172
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New Life Church of Christ / Church

    Property Details for 1718 10Th St

    Year built
    1981
    Lot size
    2.36 lot acres
    Property type
    Commercial real estate
    APN
    3998-20-91-4025

    Description

    Exceptional investment opportunity in Roanoke Rapids, NC! This 2.36-acre lot features a 17,900-18,100 square foot building, originally constructed in 1981 as a skating rink and later adapted as a worship/education facility. The property boasts a versatile layout including classrooms, offices, cafeteria, kitchen, and recreation rooms, all under a 12.6-foot ceiling. Ample parking is available with approximately 120 spaces. Conveniently located less than two miles from I-95, providing easy access to Richmond, VA (within 1.5 hours) and Rocky Mount, NC (within 45 minutes). The B4 zoning permits a wide range of commercial uses, including hotels, motels, retail establishments (sales and rental of goods), and various manufacturing and processing businesses. The property's adaptability makes it ideal for a variety of commercial ventures. The address is 1718 E 10th Street, Roanoke Rapids, NC 27870, with APN 3998-20-91-4025. Asking price: $799,900. This single-story building presents a unique chance to acquire a substantial property with significant potential for redevelopment and high return on investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke Rapids
    County
    Halifax
    State
    North Carolina
    Longitude
    -77.642255
    Latitude
    36.437842

    Comparable in this City

    • $625,000
      7,200 SF

      Versatile Commercial Property on 6+ Acres

      Prime commercial property with unmatched visibility and direct access.
      1652 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details
    • $625,000
      6.13 Acres

      Prime Commercial Land with Visibility

      6+ acres with unmatched visibility, ideal for various commercial ventures.
      1652 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing

      Downtown Roanoke Rapids Church Facility

      Large church facility in historic downtown Roanoke Rapids.
      338 Roanoke Ave, Roanoke Rapids, NC 27870
      View Details
    • $40,000
      0.35 Acres

      Commercial Land on Hwy 158

      Commercial land with high visibility and traffic exposure on Hwy 158.
      Us Highway 158, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing
      0.40 Acres

      Residential Lot Ready to Build

      Cleared residential lot near I-95, medical facilities, shopping, restaurants.
      75 Winterberry Ln, Roanoke Rapids, NC 27870
      View Details
    • $349,500
      6.33 Acres

      Roanoke Rapids Commercial Opportunity

      Large parcel suitable for commercial conversion near I-95.
      1448 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details

    Similar Nearby for Sale

    • $625,000
      7,200 SF

      Versatile Commercial Property on 6+ Acres

      Prime commercial property with unmatched visibility and direct access.
      1652 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing

      Downtown Roanoke Rapids Church Facility

      Large church facility in historic downtown Roanoke Rapids.
      338 Roanoke Ave, Roanoke Rapids, NC 27870
      View Details
    • $625,000
      6.13 Acres

      Prime Commercial Land with Visibility

      6+ acres with unmatched visibility, ideal for various commercial ventures.
      1652 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details
    • $40,000
      0.35 Acres

      Commercial Land on Hwy 158

      Commercial land with high visibility and traffic exposure on Hwy 158.
      Us Highway 158, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing
      0.40 Acres

      Residential Lot Ready to Build

      Cleared residential lot near I-95, medical facilities, shopping, restaurants.
      75 Winterberry Ln, Roanoke Rapids, NC 27870
      View Details
    • $349,500
      6.33 Acres

      Roanoke Rapids Commercial Opportunity

      Large parcel suitable for commercial conversion near I-95.
      1448 Nc Highway 125, Roanoke Rapids, NC 27870
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Premier Blvd Retail Space for Lease

      High-traffic Roanoke Rapids retail space available.
      0 Premier Blvd, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing
      5,322 SF

      Retail Space in Desirable Market

      Retail space with high visibility and strong traffic counts.
      1479 Julian R Allsbrook Hwy, Roanoke Rapids, NC 27870
      View Details
    • Contact for pricing

      Retail Outparcel in Roanoke Rapids

      Retail space available in front of Premier Landing Shopping Center.
      Premier Blvd, Roanoke Rapids, NC 27870
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1718 10Th St
    Roanoke Rapids, NC 27870
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1718 10Th St, Roanoke Rapids, NC, 27870
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!