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Property profile & analytics
OFF-MARKET Estimated value $515,000
Warehouses

850 State St Rocky Mount, VA 24151-2302

13,728 SF 6.39 ac lot Built 2006
Entity Owned 8-yr Hold Free & Clear
Property ID
US87-1518123
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2006
Total area 13,728 SF
Lot 6.39 ac (278,436 SF)
Zoning code M1
APN 204 00-383 01
UPID US87-1518123
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
  • BROOKS PUBLIC SAFETY Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
$688k
Blend (final) Blend
$515k
Owner & transaction history
Ferguson Land Co · 8 yrs held
Ferguson Land Co
since 2017
6 recorded transactions
2017
$575,000
2016
$9,000
2012
$409,000
2007
$275,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M1 · Rocky Mount, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(1) M1, Industrial, Limited. The intent of this District is to provide sufficient space in appropriate locations for less intense industrial uses, such as research facilities, wholesale, warehousing, light industrial, and heavy commercial uses. Uses should occur mostly in enclosed buildings or be screened from view , and activities should not create a danger…

Zone name Industrial Limited
General category INDUSTRIAL
Zone area 323.60 ac
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