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1710 Franklin St 3,950 SF Industrial Building Rocky Mount, VA 24151 $285,000 ($72.15/SF)
Executive Summary
Annual Gross Income - $24,840. Annual Expenses Estimated at $1,260. NOI - $23,100. Lease expires 7/31/26.
Brick and metal siding, metal roof. Currently a shop building. Heated.
Brick and metal siding, metal roof. Currently a shop building. Heated.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$24,840
|
$6.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,840
|
$6.29
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,260
|
$0.32
|
| Net Operating Income |
$23,580
|
$5.97
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $24,840 |
| Annual Per SF | $6.29 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $24,840 |
| Annual Per SF | $6.29 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,260 |
| Annual Per SF | $0.32 |
| Net Operating Income | |
|---|---|
| Annual | $23,580 |
| Annual Per SF | $5.97 |
Property Facts
| Price | $285,000 | No. Stories | 1 |
| Price Per SF | $72.15 | Year Built | 1982 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.56/1,000 SF |
| Lot Size | 0.41 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 3,950 SF | ||
| Zoning | NZ | ||
| Price | $285,000 |
| Price Per SF | $72.15 |
| Sale Type | Investment |
| Property Type | Industrial |
| Lot Size | 0.41 AC |
| Rentable Building Area | 3,950 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Tenancy | Single |
| Parking Ratio | 4.56/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | NZ |
1 1
Property Taxes
| Parcel Number | 0630011206 | Improvements Assessment | $116,600 (2025) |
| Land Assessment | $48,100 (2025) | Total Assessment | $164,700 (2025) |
Property Taxes
Parcel Number
0630011206
Land Assessment
$48,100 (2025)
Improvements Assessment
$116,600 (2025)
Total Assessment
$164,700 (2025)
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L & M Properties, LLC
1710 Franklin St
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