Rocky Mount, NC
Commercial Real Estate Market Trends & Data

$202 Avg asking sale price
$13 Avg asking lease rate
17,278 SF Avg unit lease size
20,334 SF Avg building size for sale
6.81% Average cap rate

Rocky Mount's Demographic Profile

Rocky Mount has 23,954 households and a median income of $46,577, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 56,158
# Households 23,954
Median age 41
Median household income $46,577
Avg household size 2.0
Renter-occupied housing units 12,366
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Rocky Mount, NC

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Rocky Mount $223 6,744 SF 5.31%
Wilson $283 4,415 SF 7.20%
Nearby Retail Markets Avg Cost/SF Typical Size
Rocky Mount $215 6,982 SF
Battleboro $527 6,803 SF
Whitakers $161 6,247 SF
Wilson $314 4,655 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Rocky Mount $236 6,016 SF 6.87%
Goldsboro $111 8,557 SF 7.50%

Commercial Properties For Sale in Rocky Mount

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Rocky Mount NC Conversion Opportunity

Rocky Mount, NC 27804

  • 55,602 SF Hospitality
  • $7,000,000
For Sale

Downtown Villas - Rocky Mount

Rocky Mount, NC

  • 6.57% Cap Rate
  • $1,995,000
For Sale

22 Units within 1 block of each other

Rocky Mount, NC

  • $1,727,000
For Sale

Tanner Rd MHP or Residential Development

Rocky Mount, NC 27801

  • 34.40 AC Lot
  • 1 Residential Income Lot
  • $750,000
For Sale

Wendy's

Rocky Mount, NC 27804

  • 3,138 SF Retail Building
  • 6.25% Cap Rate
  • $4,062,752
For Sale

1520 N Wesleyan Blvd

Rocky Mount, NC 27804

  • 6,688 SF Retail Building
  • $1,300,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Multifamily vs. Single-Family Investing ROI
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CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Rocky Mount pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Rocky Mount $202 20,334 SF
Battleboro $473 7,474 SF
Elm City $55 54,000 SF
Pinetops $52 9,180 SF

Regional Demographic Comparison

This comparison places Rocky Mount alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Rocky Mount or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Rocky Mount 56,158 23,954 41 $46,577 2 12,366 2%
Sharpsburg 603 263 40 $51,395 2 114 -9%
Elm City 1,115 468 43 $48,152 2 146 -4%
Pinetops 710 298 45 $45,937 2 130 -14%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Rocky Mount, NC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Rocky Mount

View All Commercial Real Estate For Sale in Rocky Mount
Is Rocky Mount a good market for a first-time commercial real estate investor?

Rocky Mount offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Rocky Mount?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Rocky Mount. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Rocky Mount?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Rocky Mount. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Rocky Mount compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Rocky Mount. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Rocky Mount acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Rocky Mount, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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