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Property profile & analytics
OFF-MARKET
Turn key restaurants

245 Main St Rocky Mount, VA 24151-1416

1,980 SF 0.32 ac lot Built 1938
Individually Owned 16-yr Hold Free & Clear
Property ID
US87-1645458
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1938
Total area 1,980 SF
Lot 0.32 ac (14,125 SF)
Zoning code CBD
APN 207 00-244 00
UPID US87-1645458
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
  • Hub Restaurant Restaurant
  • Raine and Perdue Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard D Harrell JR. · 16 yrs held
Richard D Harrell JR.
since 2009
1 recorded transaction
2009
$176,000
Zoning & alternative use
CBD · Rocky Mount, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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, residential, and cultural center of the Town of Rocky Mount. The regulations of this District are intended to preserve historic architectu…

Zone name Central Business District
General category CIVIC_INSTITUTIONAL
Zone area 123.57 ac
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