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    Property profile & analytics

    Old Franklin Rocky Mount, VA 24151

    • Commercial land
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 13, 2023
    $2,670,000
    Location Intelligence
    Property ID
    US87-0106575
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for Old Franklin

    Lot size
    1.28 lot acres
    Zone code
    GB
    Property type
    Commercial land
    APN
    202 00-042 02
    APU
    2020004202

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Franklin
    State
    Virginia
    Longitude
    -79.8651
    Latitude
    37.0161
    CBSA code
    40220
    CBSA name
    ROANOKE, VA 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
    0
    $0.00
    $208,300
    $0.00
    $208,300
    -
    $208,300
    $0.00
    $208,300

    Comparable in this City

    • Value Estimation by Request
      0.96 Acres

      Rocky Mount, VA 24151

      VACANT COMMERCIAL LAND • 0.96 Acres
      Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      0.95 Acres

      Rocky Mount, VA 24151

      VACANT COMMERCIAL LAND • 0.95 Acres
      Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      0.39 Acres

      Rocky Mount, VA 24151

      VACANT COMMERCIAL LAND • 0.39 Acres
      Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      0.05 Acres

      Rocky Mount, VA 24151

      VACANT COMMERCIAL LAND • 0.05 Acres
      Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      2.14 Acres

      Rocky Mount, VA 24151

      VACANT COMMERCIAL LAND • 2.14 Acres
      Rocky Mount, VA 24151
      View Details
    • Value Estimation by Request
      0.11 Acres

      Rocky Mount, VA 24151

      VACANT COMMERCIAL LAND • 0.11 Acres
      Rocky Mount, VA 24151
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.71 Acres

      Rocky Mount, VA Land Available

      Land with views, convenient to amenities near Smith Mountain Lake.
      13 Summit Dr, Rocky Mount, VA 24151
      View Details
    • $37,500
      0.71 Acres

      Land with Mountain Views

      Land offers mountain and panoramic views near Rocky Mount, VA.
      24 Summit Dr, Rocky Mount, VA 24151
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      0.71 Acres

      Rocky Mount Land with Views

      Land with views, convenient to amenities in Rocky Mount, VA.
      20 Summit Dr, Rocky Mount, VA 24151
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    • $499,950
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      Prime Commercial Lot For Sale

      Exceptional commercial lot in Rocky Mount with high visibility.
      Tanyard Rd, Rocky Mount, VA 24151
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    • $37,500
      0.71 Acres

      Land with Majestic Views

      Land offers views, convenient location near amenities and recreational areas.
      25 Summit Dr, Rocky Mount, VA 24151
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    • Contact for pricing
      0.71 Acres

      Rocky Mount, VA Land For Sale

      Land with panoramic views, convenient location in Rocky Mount, VA.
      14 Summit Dr, Rocky Mount, VA 24151
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      1.33 Acre Pad Site Available

      1.33 acre pad site for rent on Old Franklin Turnpike.
      800 Old Franklin Tpke, Rocky Mount, VA 24151
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Rocky Mount

      Premier shopping center with highway access and ample parking.
      400 Old Franklin Tpke, Rocky Mount, VA 24151
      View Details
    • $9 SF/Yr
      2,550 SF

      Functional Office Space For Rent

      Clean, flexible office space with ample parking and central location.
      110 Maple Ave, Rocky Mount, VA 24151
      View Details
    • Contact for pricing
      9,745 SF

      Warehouse on Large Acreage

      9,745 sq ft warehouse on 11.51 acres for rent.
      10885 Virgil H Goode Hwy, Rocky Mount, VA 24151
      View Details
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    Old Franklin
    Rocky Mount, VA 24151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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