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    819 Tiffany Blvd Rocky Mount, NC 27804-1812
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    Property profile & analytics

    819 Tiffany Blvd Rocky Mount, NC 27804-1812


    • Medical Office Space
    • 10,738 SF
    • 1.58 lot acres
    Off-Market
    Last Sale May 28, 2021
    $1,950,000
    Property ID
    US53-2657503
    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.

    Value Estimations
    $2,220,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • eyecarecenter / Surgical Center / Eye Care Center
    • David R. Braswell, OD / Physician
    • James D. Reynolds Jr, OD / Physician
    • Moore Delisha OD / Physician
    • Dennis B. Harrold, OD / Physician

    Property Details for 819 Tiffany Blvd

    Year built
    2001
    Construction
    BRICK
    Lot size
    1.58 lot acres
    Property size
    10,738 SF
    Zone code
    B2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    385118-42-1309
    APU
    385118421309

    Description

    This exceptional 10,738 square foot, single-story medical office building in Rocky Mount, NC, presents a compelling investment opportunity. Located at 819 Tiffany Blvd, this Class C property, built in 2001, sits on a 1.58-acre lot (APN 044640) and is zoned X. Currently multi-tenant, the property boasts a strong net operating income (NOI) of $180,284, generating a 6.01% cap rate at an asking price of $3,000,000 ($279.38/sq ft). The lease structure is NNN, with key tenants including Eyecare Associates (three years remaining on their lease, billed separately for TICAM) and Monarch Health (five-year lease renewal, modified gross, no tax/insurance obligations). The property's annual rent totals $193,584 ($16,132 monthly), with annual operating costs (including taxes) of $13,300. An additional approximately 900 square feet of space is available as a cold dark shell, offering significant value-add potential for future expansion and increased revenue. This property offers a stable income stream with a strong tenant base and the potential for significant future growth.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,075,000
      6.5%
      $1,915,000
      7%
      $1,780,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,064,000
      Market price range: $3.06M - $5.36M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $3,445,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Nash
    State
    North Carolina
    Longitude
    -77.8028
    Latitude
    35.9765
    CBSA code
    40580
    CBSA name
    ROCKY MOUNT, NC 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
    2024
    $8,929
    $322,500
    $567,760
    $890,260
    -
    $322,500
    $567,760
    $890,260
    More about this property
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