Individually Owned Property summary
AI-generated overview
This property is a standalone commercial building of approximately 3,527 square feet, formerly operated as a floral shop, located on Franklin St in Rocky Mount, Virginia. The interior features high ceilings and natural light, and the building includes refrigeration support with a walk-in cooler and a movable walk-in cooler. It also has greenhouse space. The site provides ample on-site parking, and the building is situated along a busy downtown corridor within walking distance of restaurants, banks, and the Harvester Performance Center.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Total area
3,527 SF
Lot
0.29 ac (12,616 SF)
Zoning code
CBD
APN
207 00-371 00
UPID
US87-1402840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$265k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
since 2024
Last sale
$265,000
2 recorded transactions
Zoning & alternative use
CBD · Rocky Mount, VA
Zoning description
(4) CBD, Central Business District. The purpose of this District is to promote the harmonious use and development of the historic uptown, downtown , and surrounding area, which is the traditional commercial, governmental…
General category
CIVIC_INSTITUTIONAL
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$265k
Value range
$239k – $292k
±10% around blend
Estimated value / SF
$75 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$239k
blend $265k
$292k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,527 SF
Lot area
0.29 ac
Year built
1948
Stories
1
APN
207 00-371 00
Zoning
CBD
Assessed value
$175,600
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$265k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 29 sales
$88
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $75/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
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
Market rates by use type
PDF export
Professional Plan · 30 reports
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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$265k
Move the market yield to see immediate price impact.
Value / SF
$75
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%
$17k
$334k
$238k
$186k
$19k
$371k
$265k
$206k
$20k
$408k
$292k
$227k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Property tax & assessments
Assessed value
$175,600
Assessed 2023
Previous assessed
$175,600
+0.0% YoY
Assessed land
$49,300
Assessed improvement
$126,300
Land market value
$49,300
Improvement market value
$126,300
Total market value
$175,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
3,527 SF
Lot
0.29 ac (12,616 SF)
Zoning code
CBD
APN
207 00-371 00
UPID
US87-1402840
Jurisdiction
FRANKLIN
Zoning & alternative use
CBD · Rocky Mount, VAZoning CBD · permitted uses
CBD · Rocky Mount, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
(4) CBD, Central Business District. The purpose of this District is to promote the harmonious use and development of the historic uptown, downtown , and surrounding area, which is the traditional commercial, governmental…
General category
CIVIC_INSTITUTIONAL
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
0.29 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
CBD
CIVIC_INSTITUTIONAL
Jurisdiction
Rocky Mount, VA
Recorded code
CBD
Official district
CBD
Official district profile
What the municipal code says about CBD
Zoning description
(4) CBD, Central Business District. The purpose of this District is to promote the harmonious use and development of the historic uptown, downtown , and surrounding area, which is the traditional commercial, governmental…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD 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.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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