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    Property profile & analytics

    363 Franklin St Rocky Mount, VA 24151-1600

    • Retail space
    • 7,260 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    May 18, 2022
    Location Intelligence
    Property ID
    US87-1673889
    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.

    Current Use by Public Records

    • State Farm Insurance / Insurance Agency / Auto Insurance Agency
    • Jacob Lewis - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency

    Property Details for 363 Franklin St

    Year built
    1930
    Lot size
    0.13 lot acres
    Property size
    7,260 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    207 01-037 00
    APU
    2070103700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Franklin
    State
    Virginia
    Longitude
    -79.8917
    Latitude
    36.9979
    CBSA code
    40220
    CBSA name
    ROANOKE, VA 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
    0
    $0.00
    $23,000
    $181,000
    $204,000
    -
    $23,000
    $181,000
    $204,000

    Comparable in this City

    • Value Estimation by Request
      1,708 SF

      1000 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,708 SF
      1000 Main St, Rocky Mount, VA 24151-5957
      View Details
    • Value Estimation by Request
      7,128 SF

      548 Old Franklin Tpke

      RETAIL STORES (PERSONAL SERVICES) • 7,128 SF
      548 Old Franklin Tpke, Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      8,050 SF

      525 Old Franklin Tpke

      RETAIL STORES (PERSONAL SERVICES) • 8,050 SF
      525 Old Franklin Tpke, Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      7,056 SF

      Old Franklin

      RETAIL STORES (PERSONAL SERVICES) • 7,056 SF
      Old Franklin, Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      3,108 SF

      120 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 3,108 SF
      120 Franklin St, Rocky Mount, VA 24151-1654
      View Details
    • Value Estimation by Request
      9,220 SF

      21231 Virgil H Goode Hwy

      RETAIL STORES (PERSONAL SERVICES) • 9,220 SF
      21231 Virgil H Goode Hwy, Rocky Mount, VA 24151-3412
      View Details

    Similar Nearby for Sale

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      Restaurant-Style Building on 0.78 Acres

      2,853 sq. ft. building on 0.78 acres for sale.
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      Haywood Building: Prime Retail Opportunity

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    • $325,000
      3,527 SF

      Retail Building in Downtown Rocky Mount

      3,527 SF retail building with ample parking.
      190 Franklin St, Rocky Mount, VA 24151
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    • $3,890,000
      77,550 SF

      Goodwill Center: Rocky Mount, VA

      Versatile Industrial Property: 77,550 SF
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      Remodeled Motel and Diner Property

      Remodeled 16-unit motel with diner, new HVAC and roof.
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    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Retail Space in Rocky Mount

      Premier shopping center with highway access and ample parking.
      400 Old Franklin Tpke, Rocky Mount, VA 24151
      View Details
    • Contact for pricing

      1.33 Acre Pad Site Available

      1.33 acre pad site for rent on Old Franklin Turnpike.
      800 Old Franklin Tpke, Rocky Mount, VA 24151
      View Details
    • $9 SF/Yr
      2,550 SF

      Functional Office Space For Rent

      Clean, flexible office space with ample parking and central location.
      110 Maple Ave, Rocky Mount, VA 24151
      View Details
    • Contact for pricing
      9,745 SF

      Warehouse on Large Acreage

      9,745 sq ft warehouse on 11.51 acres for rent.
      10885 Virgil H Goode Hwy, Rocky Mount, VA 24151
      View Details
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    363 Franklin St
    Rocky Mount, VA 24151-1600
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    Realmo Value Estimation

    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.

    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.

    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
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