800 Old Franklin TpkeRocky Mount, VA 24151

  • Other commercial real estate
  • 135,884 SF
For Sale

Property Details for 800 Old Franklin Tpke

Year built
2005
Lot size
35.66 AC
Property size (Sq ft)
135,884 SF
Zone code
GB
Property type
Other commercial real estate
APN
202 00-021 00
APU
2020002100

Description

This exceptional 1.33-acre commercial land parcel presents a remarkable investment opportunity in Rocky Mount, Virginia. Strategically located on Old Franklin Turnpike at 800 Old Franklin Turnpike, this property boasts unparalleled visibility and accessibility. The lot's prime location ensures high traffic exposure, with an estimated 13,000 vehicles passing daily. This makes it ideal for a wide range of commercial ventures, from retail establishments and restaurants to professional offices and light industrial uses. The property is zoned for commercial use (zoning information should be independently verified). Its 1.33-acre size offers ample space for development, allowing for flexibility in design and construction. Situated in Franklin County, Virginia, this property benefits from a thriving local economy and a strong community presence. The address is 800 Old Franklin Turnpike, Rocky Mount, VA 24151. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a desirable location. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is offered for sale. Further details regarding utilities and development restrictions are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,064,006
    Hospitality
    $15,630,538
    Educational
    $13,004,424
    Medical
    $13,451,666
    Retail
    $20,229,104
800 Old Franklin Tpke, Rocky Mount, Virginia

Location Insight

City
Rocky Mount
County
Franklin
State
Virginia
Latitude
37.014
Longitude
-79.8604
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
-
$1,515,700
$6,550,900
$8,066,600
-
$1,515,700
$6,550,900
$8,066,600

FAQs

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