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800 Old Franklin Tpke - Lowe's Outparcel 2 1.33 Acres of Commercial Land in Rocky Mount, VA 24151

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Investment Highlights

  • 1.33 acre commercial pad with prominent frontage on Old Franklin Turnpike
  • Strong surrounding demographics with over 21,500 residents within seven miles
  • Flexible development potential suited for retail, service, or multi-tenant concepts
  • Excellent visibility to approximately 13,000 vehicles per day along a key community corridor
  • Healthy average household incomes reaching more than $78,000 in the extended trade area
  • Accessible location positioned within an established and growing commercial corridor

Executive Summary

This 1.33 acre commercial pad at 800 Old Franklin Turnpike in Rocky Mount, Virginia, presents a prime opportunity for developers, retail operators, and investors seeking high-visibility frontage along one of the area’s most active corridors. Positioned directly on Old Franklin Turnpike, the site benefits from steady traffic volumes of approximately 13,000 cars per day, offering excellent exposure for future retail, service, or mixed-use development. The property’s generous acreage provides flexibility for layout planning, drive-thru orientation, freestanding concepts, or multi-tenant configurations.
Surrounding demographics underscore the site’s strong long-term potential. Within a seven-mile radius, the area supports a population of more than 21,500 residents, with steady residential growth and average household incomes exceeding $78,000, indicating solid spending power for prospective businesses. The three- and five-mile trade areas also reflect healthy consumer bases, offering both daily-needs traffic and destination-based demand. Its strategic position near established commercial activity zones enhances viability for a variety of retail and service-industry concepts.
The property is easily accessible for both local and regional traffic patterns, making it appealing for users looking to capitalize on convenience, visibility, and market reach. As a clean, developable pad, it is well-suited for new construction without the complications of demolition or legacy site constraints. Investors and owner-users alike will appreciate the combination of strong frontage, robust traffic counts, and favorable demographics that support new development in a growing market. This listing represents a rare opportunity to secure a high-quality commercial site with meaningful flexibility for future use, strong consumer fundamentals, and immediate presence along one of Rocky Mount’s key transportation corridors.

Attachments

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Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.33 AC
Zoning GB - General business district that allows a variety of commercial uses, including retail stores, shopping centers, offices, and institutional uses

1 Lot Available

Lot

Lot Size 1.33 AC

1.33 acre commercial pad with prominent frontage on Old Franklin Turnpike

Description

1.33 acre commercial pad with prominent frontage on Old Franklin Turnpike

Property Taxes

Property Taxes

Parcel Number
2020002200
Land Assessment
$377,400
Improvements Assessment
$0
Total Assessment
$377,400
  • Listing ID: 27742168

  • Date on Market: 2/13/2023

  • Last Updated:

  • Address: 800 Old Franklin Tpke, Rocky Mount, VA 24151

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