2245 Church StRocky Mount, NC 27804

Property Details for 2245 Church St

Year built

1959

Construction

BRICK

Lot size

13.85 AC

Property size (Sq ft)

46,950 SF

Zone code

I2

Property type

Warehouses

Property subtype

Self storage facilities

APN

385120-90-6728

APU

385120906728

Description

This exceptional 55,000-square-foot warehouse and distribution facility is ideally situated in Nash County, offering a single-tenant occupancy opportunity. The property boasts over 3.4 acres of paved and fenced outdoor storage space, providing ample room for inventory management and equipment storage. Its strategic location ensures convenient access to major transportation arteries, including US-64 and I-95, facilitating efficient logistics and distribution networks. This presents a significant advantage for businesses requiring seamless connectivity to regional and national markets. The building itself is designed for industrial use, offering a functional and efficient layout optimized for warehouse operations. The low price point makes this a highly attractive option for businesses seeking cost-effective storage solutions without compromising on accessibility or functionality. The property's single-tenant configuration offers the benefit of exclusive control and customization, allowing businesses to tailor the space to their specific operational needs. This presents a rare opportunity to acquire a well-located, spacious, and affordable industrial property in a thriving market. The combination of ample outdoor storage, prime location, and competitive pricing makes this an exceptional investment prospect for businesses seeking to expand their operations or consolidate their logistics infrastructure. Serious inquiries are encouraged to explore this compelling opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $27,886,100

  6.5%

  $25,741,000

  7%

  $23,902,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,885,900

  Geo Method

  $17,243,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $12,749,300

  Mixed-Use / Specialty

  $12,348,800

  Hospitality / Lodging

  $8,597,680

  Office

  $11,905,600

  Institutional / Educational

  $12,710,900

  Residential Income

  $14,871,700

  Multifamily

  $19,804,700

  Automotive / Energy

  $10,895,100

  Parking / Income-Based Land

  $4,110,530

  Restaurant / Food Service

  $5,664,980

  Healthcare / Senior Housing

  $13,027,600

Location Insight

City

Rocky Mount

County

Nash

State

North Carolina

Latitude

35.972

Longitude

-77.7842

CBSA code

40580

CBSA name

ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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