Technical
Financial
Distress signals
Property profile

685 S Wesleyan Blvd Rocky Mount, NC 27803

FOR LEASE
Retail space
Property ID
US53-2803291
8,320 SF 1.41 ac lot Built 2012
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Discount Store

Location

685 S Wesleyan Blvd Rocky Mount, NC 27803
Rocky Mount metro Census 10302 ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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