Financial
Distress signals
Property profile

400 Old Franklin Tpke Rocky Mount, VA 24151

OFF-MARKET
Turn key restaurants
Property ID
US87-1710141
4,008 SF 1.32 ac lot Built 2003
Last sale Nov 2023 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Exceptional investment opportunity: a Wendy's sale-leaseback in Rocky Mount, Virginia. This 3,222 square foot, single-tenant property sits on a 0.91-acre lot at 400 Old Franklin Turnpike, Suite 125, zip code 24151. Built in 2000 and renovated in 2017, the property boasts a strong 5.65% cap rate and a substantial net operating income (NOI) of $144,075. The asking price is $2,550,000, translating to $791.43 per square foot. The property features a 15-year NNN lease commencing December 1, 2024,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value$1.34M
Assessed land$575k
Assessed improvement$764k

Value estimate

· Sep 2026
$2.09M
$1.88M – $2.29M
AI approach$2.00M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
This district covers that portion of the community intended for the conduct of general business to which the public requires direct and f...
General categoryCOMMERCIAL
JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office8.1
Auto Repair Shop8.5
Gym & Fitness7.1

Location

400 Old Franklin Tpke Rocky Mount, VA 24151-5857
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Old Franklin Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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