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Listed price in listed location currency (USD).
$650,000

000

MLS® 10136407

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 11033 sqft
Garage No
HOA Fees 
Taxes $10,456
Days Active 2
Approx. Age 1978
Avg. Price Per Sqft $58
MLS® Number 10136407

Property Address: 3094-30483094 Sunset Ave, Rocky Mount, NC, 27804-3647

Average square foot calculated using Size range provided by listing agent.

Description

Acquire this 1978 10-unit office building for $650, 000 - less than half of replacement cost. Located at 3048-3094 Sunset Avenue, on 1 acre of land, this 11, 033 square foot office building is being offered at just $58.91 per square foot. The high 70% vacancy provides an excellent opportunity to bring your aggressive lease up campaign and increase the current annual income of $21, 816 to a projected stabilized annual income of $128, 046. Based on the asking price and operating expenses of $12, 541.57, the asset offers a compelling projected stabilized capitalization rate of 16.97%. Appraised in 2021 for $1, 109, 000
MLS® Number10136407
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1978
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 8, 2025List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
30483094 Sunset Ave, Rocky Mount, NC

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