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Property profile & analytics
OFF-MARKET
Estimated value
$2,070,000
Medical Office Space
2325 Sunset Ave, Rocky Mount, NC 27804-2529
Entity Owned
Free & Clear
Property ID
US53-2922207
Property summary
AI-generated overview
This single-story, 7,274 square foot office building at 2325 Sunset Ave, Rocky Mount, NC 27804, offers two available suites ranging from 2,100 to 2,300 square feet each. Built in 1966, the property features private entrances and two bathrooms in each suite. Ample parking is available. The building enjoys a high-visibility location at a lighted intersection, directly across from major retailers including Sam's Club, Panera Bread, Starbucks, Bojangles, and Popeye's. The building is zoned OI
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Construction
BRICK
Total area
7,274 SF
Lot
0.61 ac (26,572 SF)
Zoning code
R10
APN
384011-76-3045
UPID
US53-2922207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Lucas J. Nazario, DMD Dental Office
-
Harrold Dennis B OD Physician
-
eyecarecenter Eye Care Center
-
Express Employment Professionals Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.07M
Owner & transaction history
HARROLD BARKER INVESTMENT CO
HARROLD BARKER INVESTMENT CO
Zoning & alternative use
R10 · Rocky Mount, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.2M
+17.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rocky Mount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Mount submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$2,060,000
CAP Approach
CAP Return
Estimation
6%
$1,405,000
6.5%
$1,300,000
7%
$1,205,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,745,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,225,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,335,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.28M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$285 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,041
Tax year 2024
Assessed value
$628,000
Assessed 2024
Previous assessed
$628,000
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$207,020
Assessed improvement
$420,980
Land market value
$207,020
Improvement market value
$420,980
Total market value
$628,000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1966
Construction
BRICK
Heating
NONE
Cooling
YES
Total area
7,274 SF
Lot
0.61 ac (26,572 SF)
Zoning code
R10
APN
384011-76-3045
UPID
US53-2922207
Jurisdiction
NASH
Zoning & alternative use
R10 · Rocky Mount, NC
Zoning R10 · permitted uses
R10 · Rocky Mount, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Mount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
BRICK
Heating
NONE
Cooling
Yes
Lot
0.61 ac
Current owner
From public records · entity-resolved
HARROLD BARKER INVESTMENT CO
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 8346, ROCKY MOUNT, NC 27804-1346
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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