Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2325 Sunset Ave Rocky Mount, NC 27804
    Back to Search
    Property profile & analytics

    2325 Sunset Ave Rocky Mount, NC 27804

    View on Map
    • Medical Office Space
    • 7,274 SF
    • 0.61 lot acres
    For Sale
    $695,000
    View Listing →
    Rocky Mount Office Building For Sale For Sale
    $695,000
    7,274 SF

    Rocky Mount Office Building For Sale

    Office building on Sunset Ave, Rocky Mount. Investment opportunity.

    2325 Sunset Ave, Rocky Mount, NC 27804
    View Listing
    Property ID
    US53-2922207
    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
    4.1%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Dr. Lucas J. Nazario, DMD / Dental Office
    • Harrold Dennis B OD / Physician
    • eyecarecenter / Eye Care Center
    • Express Employment Professionals / Employment Agency

    Property Details for 2325 Sunset Ave

    Year built
    1966
    Construction
    BRICK
    Lot size
    0.61 lot acres
    Property size
    7,274 SF
    Zone code
    R10
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    384011-76-3045
    APU
    384011763045

    Description

    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

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,060,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,405,000
      6.5%
      $1,300,000
      7%
      $1,205,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,077,000
      Market price range: $2.08M - $3.63M

    • 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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Nash
    State
    North Carolina
    Longitude
    -77.826
    Latitude
    35.9593
    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
    2024
    $5,041
    $207,020
    $420,980
    $628,000
    -
    $207,020
    $420,980
    $628,000

    Comparable in this City

    • Value Estimation by Request
      1,395 SF

      125 Foy Dr

      MEDICAL BUILDING • 1,395 SF
      125 Foy Dr, Rocky Mount, NC 27804-2418
      View Details
    • Value Estimation
      $5,230,000
      10,509 SF

      921 Winstead Ave

      MEDICAL BUILDING • 10,509 SF
      921 Winstead Ave, Rocky Mount, NC 27804-8749
      View Details
    • Value Estimation
      $2,545,000
      5,297 SF

      147 Winstead Ave

      MEDICAL BUILDING • 5,297 SF
      147 Winstead Ave, Rocky Mount, NC 27804-2236
      View Details
    • Value Estimation
      $555,000
      1,600 SF

      112 Winstead Ave

      MEDICAL BUILDING • 1,600 SF
      112 Winstead Ave, Rocky Mount, NC 27804-2235
      View Details
    • Value Estimation
      $905,000
      5,092 SF

      413 Ml St

      MEDICAL BUILDING • 5,092 SF
      413 Ml St, Rocky Mount, NC 27804-4837
      View Details
    • Value Estimation
      $1,845,000
      9,964 SF

      400 Peachtree St

      MEDICAL BUILDING • 9,964 SF
      400 Peachtree St, Rocky Mount, NC 27804-4831
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,450 SF

      Commercial Land with Remodeled Office

      Prime commercial location with remodeled office near Nash Community College.
      3430 Eastern Ave, Rocky Mount, NC 27804
      View Details
    • $2,750,000
      10,738 SF

      High-Performing Retail Asset in Rocky Mount

      Stabilized retail asset with national tenants and value-add potential.
      809 Tiffany Blvd, Rocky Mount, NC 27804
      View Details
    • $419,500
      4,766 SF

      Versatile Downtown Commercial Building

      Two-story building in downtown with development potential.
      115 N Church St, Rocky Mount, NC 27804
      View Details
    • Contact for pricing
      7,274 SF

      Income Producing Office Building

      Office building with leasing opportunities in a high-traffic location.
      2325 Sunset Ave, Rocky Mount, NC 27804
      View Details
    • $695,000
      7,274 SF

      Rocky Mount Office Building For Sale

      Office building on Sunset Ave, Rocky Mount. Investment opportunity.
      2325 Sunset Ave, Rocky Mount, NC 27804
      View Details
    • $189,000
      1.17 Acres

      Commercial Land in Retail Corridor

      Prime commercial land in high-traffic retail area.
      1350 N Wesleyan Blvd, Rocky Mount, NC 27804
      View Details

    Similar Nearby for Lease

    • $4,349 /Mo
      6,098 SF

      Rocky Mount Flex Space

      6,098 SF flex space ideal for light industrial use.
      105 Gelo Rd, Rocky Mount, NC 27804
      View Details
    • Contact for pricing

      Standalone Open Concept Office Building

      Move-in ready office building with open layout and one bathroom.
      327 S Pearl St, Rocky Mount, NC 27804
      View Details
    • Contact for pricing
      11,000 SF

      Downtown Rocky Mount Office Space

      Class A office space in a prime downtown location.
      134 N Church St, Rocky Mount, NC 27804
      View Details
    • Contact for pricing

      Convenient Office Space For Rent

      Open-concept office space near national retailers with ample parking.
      2325 Sunset Ave, Rocky Mount, NC 27804
      View Details
    • Contact for pricing
      6,581 SF

      Office Space at Rocky Mount Mills

      Office space for rent in a mixed-use campus.
      1151 Falls Rd, Rocky Mount, NC 27804
      View Details
    • Contact for pricing

      Historic Office Spaces For Rent

      Multiple office spaces available in a historic Rocky Mount building.
      1701 Sunset Ave, Rocky Mount, NC 27804
      View Details
    View Listing
    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.
    2325 Sunset Ave
    Rocky Mount, NC 27804
    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
    2325 Sunset Ave, Rocky Mount, NC, 27804
    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!