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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Drive through restaurants
591 Old Franklin Tpke Rocky Mount, VA 24151-5503
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-1514864
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2022
Total area
2,453 SF
Lot
0.86 ac (37,462 SF)
Zoning code
GB
APN
202 00-042 00
UPID
US87-1514864
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
Cruizers Express LLC · 2 yrs held
Cruizers Express LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
GB · Rocky Mount, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(3) GB, General Business. The intent of this district is to accommodate a wide range of retail, wholesale, service, and office uses that cater to the traveling public and serve the Town and the surrounding region. The District is designed to provide highly attractive and accessible Town of Rocky Mount Zoning & Subdivision Ordinance
Zone name
General Business
General category
COMMERCIAL
Zone area
431.74 ac
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
$2,745,000
ML approach
$3,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±10% · vs last sale $2.67M (Dec 13 2023)
Last sale anchor
$2.67M
Dec 13 2023
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
$1,099 / 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
Property tax & assessments
Assessed value
$1,897,800
Assessed 2023
Previous assessed
$140,500
+1,250.7% YoY
Assessed land
$224,800
Assessed improvement
$1,673,000
Land market value
$224,800
Improvement market value
$1,673,000
Total market value
$1,897,800
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2022
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
6
Bathrooms
1
Total area
2,453 SF
Lot
0.86 ac (37,462 SF)
Zoning code
GB
APN
202 00-042 00
UPID
US87-1514864
Jurisdiction
FRANKLIN
Zoning & alternative use
GB · Rocky Mount, VAZoning GB · permitted uses
GB · Rocky Mount, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(3) GB, General Business. The intent of this district is to accommodate a wide range of retail, wholesale, service, and office uses that cater to the traveling public and serve the Town and the surrounding region. The District is designed to provide highly attractive and accessible Town of Rocky Mount Zoning & Subdivision Ordinance
Zone name
General Business
General category
COMMERCIAL
Zone area
431.74 ac
Building & site characteristics
From public records
Year built
2022
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Cruizers Express LLC
Entity
Free & Clear · 2 yrs held
Mailing address
354 BLUE CAVERN PT, LONG BEACH, CA 90803-6813
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2023
$2,670,000
Cruizers Express LLC
Lfslc Rocky Mount Station LLC
Special Warranty Deed
—
Dec 17, 2021
$340,000
Lsflc Rocky Mount Station LLC
Three To Three LLC
Deed
—
Apr 24, 2019
$330,000
Oreilly Automotive Stores INC
Three To Three LLC
Warranty Deed
—
Apr 27, 2018
—
Three To Three LLC
—
Deed
related
$508,400 · Fam Bolling
May 13, 2009
—
Three To Three LLC
Peters,raymond
Grant Deed
related
—
—
—
Three To Three LLC
—
Deed Of Trust
related
$50,000 · Bank Of Fincastle
—
—
Three To Three LLC
—
Deed Of Trust
related
$500,000 · Bank Of Fincastle
—
—
Three To Three LLC
—
Deed Of Trust
related
$508,400 · Fam Bolling
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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