NOT LISTED FOR SALE

1341 N Wesleyan Blvd Rocky Mount, NC 27804

Estimated Value: $1,445,251

-- Bed
-- Bath
5,130 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $1,350,000 $263 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,330/month

9 Days on Market

About This Home

As of October 2022

Originally built as a Lowes location this unique highly visible commercial property has endless possible uses with over 6 acres of land. This property consist of two separate buildings. Building 1 (former Lowes) includes over 5,000 square feet of office space, over 26,000 square feet of warehouse space with a loading dock and over 5,000 square feet of covered area attached to the building. Plus tremendous parking lot space. Building 2 consist of 11 bays with a total of 12,000 square feet. Currently the rental revenue for this property from space within building 1 and 2 as well the billboard on the property generate over $7,000/month. Call today to schedule your private tour!

Last Agent to Sell the Property

Spencer Lyndon

Our Town Properties Inc. License #303054 Listed on: 07/11/2022

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,003

Year Built

  • Built in 1973

Lot Details

  • 6.39 Acre Lot
  • Lot Dimensions are 380 x 661 x 362 x 923
  • Property is zoned B-5

Home Design

  • 5,130 Sq Ft Home
  • Slab Foundation

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 385119611852

Property Details

Property Type

Other

Est. Annual Taxes

$9,003

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Commercial
  • Cobra Zone: No
  • New Construction: No
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement: None
  • List Price per Sq Ft: 302.14
  • Sq Ft Heated: 5130.00

Exterior Features

  • Foundation: Slab
  • Road Type Frontage: 4+ Lanes
  • Road Trans Access State Highway: Less than 5 Miles

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 2951
  • Deed Page: 533.00
  • Lot Acres: 6.39
  • Lot Dimensions: 380 X 661 X 362 X 923
  • Lot Sq Ft: 278348.00
  • Zoning: B-5

Tax Info

  • Tax Identifier: 385119611852
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 23, 2022
Sold by
Colonial Holdings Enterprises Llc
Bought by
1341 Rocky Mount Llc
Seller's Agent
Spencer Lyndon
Our Town Properties Inc.
Buyer's Agent
A Non Member
A Non Member
List Price
$1,550,000
Sold Price
$1,350,000
Premium/Discount to List
-$200,000
-12.9%
Views
1
Current Estimated Value
$1,445,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,251
Avg. Annual Appreciation
2.86%
Original Mortgage
$1,013,000
Outstanding Balance
$973,471
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$495,838

Purchase Details

Closed on
Aug 24, 2018
Sold by
Thompson Eatman Llc
Bought by
Colonial Holdings Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,600
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Old Lowes Llc
Bought by
Thompson/Eatman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2005
Sold by
Daley Jerome T and Daley Genevieve Nana
Bought by
Oldlowes Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1341 Rocky Mount Llc $1,350,000 --
Colonial Holdings Enterprises Llc $869,500 None Available
Thompson/Eatman Llc $675,000 None Available
Oldlowes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1341 Rocky Mount Llc $1,013,000
Previous Owner Colonial Holdings Enterprises Llc $695,600
Previous Owner Thompson/Eatman Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $1,350,000 -12.9% $263 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,550,000 -- $302 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,003 $1,429,040 $519,500 $909,540
2024 $9,003 $847,580 $519,500 $328,080
2023 $5,679 $847,580 $0 $0
2022 $5,806 $847,580 $519,500 $328,080
2021 $5,679 $847,580 $519,500 $328,080
2020 $5,679 $847,580 $519,500 $328,080
2019 $5,679 $847,580 $519,500 $328,080
2018 $5,679 $847,580 $0 $0
2017 $5,679 $847,580 $0 $0
2015 $5,671 $846,460 $0 $0
2014 $4,909 $846,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100338367

Hive MLS

APN: 3851-19-61-1852