Listed by TradeMark Properties
$625,000
1433 S Franklin St
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 22,100
Cap Rate 15.04%
NOI $94,000
Occupancy 40.4%
Tenancy Single
Lease Type NNN
Pro-Forma NOI $15
Price per SqFt $34
Class C
Year Built 1952
Year Renovated 1990
Stories 1
Acreage 0.540
Zoning B-5
Loading Docks 3
Highly secure warehouse, distribution, air conditioned assembly/packaging, fenced parking/laydown
Marketing description
1433 S Franklin Street Provides a Rare Opportunity to
Break Into the Expanding Rocky Mount Market. With
the Addition of the Csx Railroad in 2021 and the Close
Proximity to Raleigh and Greenville, Rocky Mount is
Quickly Becoming a Pivotal Location in the Southeast.
Investment highlights
- Space Type : Industrial Warehouse
- Stories : One
- Total Sf : 22,110 Sf
- Class : C
- Occupancy : 40.4%
- Year Built : 1952
- Year Renovated : 1990
- Lot Size : 0.54 Acres
- Storage Lot : 0.19 Acres Fenced-in
- Rental Rate : $4.50 Nnn
- Zoning : B-5
- Submarket : Rocky Mount/wilson
- Loading Dock : Three (One 4’ and Two Delivery Truck Height)
- Other Characteristics : Solid Brick and Block Building With Concrete Flooring, Barrel Roof in Suite B
- Two Hours From the Va Norfolk Port and the Nc Wilmington Port
- Approximately One Hour Away From Raleigh and Greenville Allows for a Diverse Labor Force
- the Area’s Top Producer of Cucumbers, Sweet Potatoes, Poultry, Peanuts, Cotton and Hogs.
Listing Contacts
Listed by TradeMark Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$94,000.00
$7,833.33/mo
Valuation Metrics
0
DSCR
15.04%
Cap Rate
15.04%
ROI
Map
Zoning
IM IndustrialIndustrial Management
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View all 196 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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