919-819-3956 stu@stubarnes.com
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$650,000
New Listing

3048-3094 Sunset Avenue
Rocky Mount, NC 27804

For Sale|Office|Active
0
Beds
0
Total Baths
11,033
SqFt
$59
/SqFt
1978
Built
County:
Nash
Call Now: 919-819-3956
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919-819-3956
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Monthly Payment (Est.)

$2,966
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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

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Listing Snapshot
Price 
$650,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,033 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.01 Acres
Year Built 
1978
MLS® Number 
10136407
Status 
Active
Property Tax 
$10,455.5
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Acres 
1.01
Lease Term 
Month To Month
Property Sub Type 
Office
Special Circumstances 
Standard
SqFt Total 
11033
Interior Features
Cooling 
Heating 
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Benjamin David Riegel of Braddock Realty



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-12-08 11:03 PM UTC

Neighborhood & Commute
Source: Walkscore
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