1.9 Acre Business Parcel

Vacant Land for Sale
Catylist Listing ID: 30776479
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 1.90 Acres
Sale Price: $671,000
Unit Price: $353,157 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

This property provides tremendous opportunity for business users in an economically growing portion of Rocky Mount. With the ever expanding campus of North Carolina Wesleyan College located less than a half a mile to the south, the opportunities are endless. This corner lot would be perfect for a restaurant user, convenient store user, other retail user, and even a hospitality user. Access and visibility is excellent and the demand and need for business is here.

The adjacent users are a Food Lion grocery store, a McDonalds, a Sheetz, and many other commercial users. CSX Transportation is building a massive operation directly across the county line from here (less than a mile). Cummins, Pfizer, Hospira, and Honeywell all have homes here, within minutes of this site. This property has not been available or advertised on the market for 15 years.

Attachments & Media

Additional Details

Nearest MSA: Rocky Mount
County: Nash
Tax ID/APN: 041187
Zoning: B-2 CU
Property Located Between: Battleboro, NC and North Carolina Wesleyan College
Property Visibility: Excellent
Legal Description: Lots 4 and 5 of Belmont Village Square; PIN #: 386206398838
Largest Nearby Street: NC HWY 301
Feet of Frontage: 385
Traffic/Vehicle Count: 21,000
Highway Access: Property adjoins HWY 301 via Bishop Rd.
Airports: Rocky Mount-Wilson Regional Airport; Pitt Greenville Airport; Raleigh-Durham International
Site Description: This is a half clear, half wooded lot. Level ground and slightly falling south to north.
Area Description: An area that should continue to grow and expand over the coming years.
Lot Frontage: 385
Lot Depth: 215
Zoning Description: B-2 CU: The B-2 District is established for major retail and service activities removed from the central business district, with major arterial access and with adequate open space and parking. This district is intended to serve the resident, non-residents and transient traffic using major arterials that run through or around the City.
Part of Planned Development?: Yes
Development Name: Belmont Village Square
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,438 27,264
Median Age: 35.49 38.74
Households: 3,800 10,994

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