268 Freight RdRocky Mount, NC 27804
For Lease
$10/SF/YR
View listing
- Day care centers & nurseries
- 5,798 SF
Property Details for 268 Freight Rd
- Year built
- 1991
- Lot size
- 1.75 AC
- Property size (Sq ft)
- 5,798 SF
- Property type
- Day care centers & nurseries
- APN
- 382120-01-2172
- APU
- 382120012172
Description
This exceptional 6,000-square-foot single-tenant office building, situated on a 1.75-acre lot in Rocky Mount, North Carolina, presents a unique investment opportunity. Built in 1991, this one-story structure is zoned for Office and Institution use and boasts a convenient location, just one minute from I-95 and within five minutes of Highway 64, Sheetz, and Nash Community College. Currently vacant, the property is ideally suited for a daycare or similar use, featuring seven rooms, a small kitchen with a hood system, and multiple bathrooms
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,373,779
- 6.5%
- $1,268,104
- 7%
- $1,177,525
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,765,084
- Geo Method
- $1,530,504
-
Alternative Use
- Use
- Valuation
- Residential
- $1,608,643
- Hospitality
- $1,473,508
- Educational
- $1,225,942
- Medical
- $1,268,104
- Retail
- $1,907,020
268 Freight Rd, Rocky Mount, North Carolina
Location Insight
- City
- Rocky Mount
- County
- Nash
- State
- North Carolina
- Latitude
- 35.9735
- Longitude
- -77.8838
- 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
$1,415
$35,000
$71,250
$106,250
-
$35,000
$71,250
$106,250
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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