1045 Main StRocky Mount, VA 24151

  • Other commercial real estate
  • 77,550 SF
For Sale
$3,890,000 View listing

Property Details for 1045 Main St

Year built
1985
Lot size
9.37 AC
Property size (Sq ft)
77,550 SF
Zone code
M1
Property type
Other commercial real estate
APN
204 00-284 00
APU
2040028400

Description

This exceptional 77,550-square-foot industrial property, located at 1045 N Main St, Rocky Mount, VA 24151, presents a unique investment opportunity. The building, constructed in 1985 and classified as Class B, sits on a 9.37-acre lot and is zoned M1 in the Town of Rocky Mount. The single-story structure offers a diverse range of spaces, ideal for multiple uses. A significant portion comprises 24,000 square feet of high-ceiling warehouse space, complete with four dock-high doors and one drive-in door, perfect for distribution or manufacturing. An additional 19,500 square feet is available as warehouse or production space. The property also includes 7,600 square feet of open retail space with adjacent storage, along with administrative offices featuring training rooms and a large employee break area. The property's versatility is further enhanced by the possibility of developing an outparcel. With its ample space, strategic location, and flexible zoning, this property is well-suited for a variety of businesses seeking a prominent presence in Rocky Mount, Virginia. The property's APN is 2040028400.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,738,554
    Hospitality
    $8,920,463
    Educational
    $7,421,720
    Medical
    $7,676,965
    Retail
    $11,544,899
1045 Main St, Rocky Mount, Virginia

Location Insight

City
Rocky Mount
County
Franklin
State
Virginia
Latitude
37.0098
Longitude
-79.8953
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
-
$328,000
$2,429,100
$2,757,100
-
$328,000
$2,429,100
$2,757,100

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