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$600,000

  • Sold
  • Closed
  • Office
  • 11,033 Sq. Ft.
  • 1.01 Acres
  • Updated 4 days ago
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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

Full Property Details for 3048-3094 Sunset Ave

General

  • Sold For: $600,000
  • Taxes: $10,455
  • Status: Closed
  • Type: Office
  • Source: 2218
  • MLS ID: 10136407
  • Added to Site: 140 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Location

  • County: Nash
  • Driving Directions: Exit US-64 and turn South onto N Winstead Ave. Turn left onto Sunset Avenue Property will be on your left
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • Exterior Const.: Brick
  • Building Size: 11033
  • Square Feet: 11,033
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 1.01
  • Lot Size (Sq. Ft.): 43,995.6
  • Lot Dimensions: 164' x 123.75 x 215.50 x 249.06

Financial Considerations

  • Price Per Acre: $643,564.36
  • Tax Amount: $10,455.5

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 15014

Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock
Sold by Non Member Office, Non Member

Listing agents

— 3048-3094 Sunset Ave —

  • Benjamin David Riegel

    Braddock Realty

  • Ben Braddock

    Braddock Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 3048-3094 Sunset Ave

Date
Details
Price
Change
Source
4/22/2026
Sold
$600,000
-7.69%
MLS
12/08/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock
Sold by Non Member Office, Non Member

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3048-3094 Sunset Avenue, Rocky Mount, NC 27804 (MLS# 10136407) is a Office property that was sold at $600,000 on April 22, 2026. Want to learn more about 3048-3094 Sunset Avenue? Do you have questions about finding other Office real estate for sale in Rocky Mount? You can browse all Rocky Mount real estate or contact a Coldwell Banker agent to request more information.