217 Fairview RdRocky Mount, NC 27801

For Sale
$250,000 View listing
  • Commercial real estate
  • 1,504 SF

Property Details for 217 Fairview Rd

Year built
1950
Property size (Sq ft)
1,504 SF
Zone code
B1
Property type
Commercial real estate
APN
376924981600
APU
376924981600

Description

This exceptional 5,040-square-foot storefront property at 217 S Fairview Rd, Rocky Mount, NC 27801, is offered at $250,000 ($49.60/sq ft). The Class D building, renovated in 2006, sits on a 1.28-acre lot (APN: 3769-24-9816-00) zoned B1, providing ample space and development potential. Its prime location on Fairview Road ensures high visibility, benefiting from proximity to a thriving kidney center, a busy funeral home, and a Food Lion shopping center featuring several national retailers (within a quarter-mile radius). Additional nearby amenities include a Southern Bank and a successful medical center. The single-story building presents a blank canvas for various retail ventures, capitalizing on its strategic placement within a bustling commercial neighborhood. The property's significant size, including over an acre of vacant land, offers substantial expansion or redevelopment opportunities. This is a rare chance to acquire a well-positioned retail space with significant upside in a growing area. The property features one building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $417,282
    Hospitality
    $382,228
    Educational
    $318,009
    Medical
    $328,946
    Retail
    $494,681
217 Fairview Rd, Rocky Mount, North Carolina

Location Insight

City
Rocky Mount
County
Edgecombe
State
North Carolina
Latitude
35.9278
Longitude
-77.7742
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
0
-
-
-
-
-
$65,000
$46,291
$111,291

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