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Property profile & analytics
FOR LEASE
Retail space

685 S Wesleyan Blvd Rocky Mount, NC 27803

8,320 SF 1.41 ac lot Built 2012
Entity Owned 1-yr Hold Free & Clear
Property ID
US53-2803291
Property summary
AI-generated overview

This exceptional commercial property, located at 685 S Wesleyan Blvd in Rocky Mount, North Carolina, presents a unique investment opportunity. The property encompasses a substantial 8,346 square feet of retail space situated on a generous 1.41-acre lot. Currently, the entire building is vacant, offering a blank canvas for a prospective tenant or buyer to customize and develop. The property's zoning allows for multiple tenants, providing flexibility for various retail concepts. The address is conveniently located in Nash County, with easy access to major roadways, ensuring high visibility and convenient access for customers. The expansive lot size offers ample parking and potential for future expansion or development. This property is ideal for a single large retailer seeking a prominent location or multiple smaller businesses looking to share a space. The existing building provides a solid foundation for immediate occupancy, eliminating the need for extensive construction. With its strategic location and significant square footage, this property represents a compelling opportunity for growth and profitability in the thriving Rocky Mount market. The property is available for lease. The zip code is 27803.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Total area 8,320 SF
Lot 1.41 ac (61,420 SF)
Zoning code B2
APN 374907-68-6589
UPID US53-2803291
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
  • Family Dollar Discount Store
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
Rocro LLC · 1 yrs held
Rocro LLC
since 2025
Last sale
$950,000
4 recorded transactions
2025
$950,000
2021
$1.3M
2016
$1.4M
2012
$265,000
Zoning & alternative use
B2 · Rocky Mount, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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