940 Cokey Rd

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

940 Cokey Rd

Rocky Mount, NC 27801
Asking Price
$2.15M
Asset Type
Retail
Class
Class B

What's Special

940 Cokey Rd is situated in a mixed-use neighborhood in east Rocky Mount, North Carolina. The property sits along a primary local corridor, providing direct access to the downtown district and surrounding residential clusters. The immediate area features a blend of local businesses, civic services, and single-family housing. It is positioned near major regional thoroughfares, including US-64 and I-95, facilitating logistical connectivity across the Coastal Plain region. Local bus transit stops are located within walking distance, supporting accessibility for customers and employees. The site is suited for retail operations that serve the daily needs of the local community, such as grocery stores, pharmacies, or discount variety shops. The layout and location are also compatible with service-oriented tenants, including laundromats, automotive repair shops, or small-scale professional offices. Given the high visibility and steady neighborhood traffic, the asset is positioned for tenants seeking a functional footprint within an established residential enclave. The property offers flexibility for single-tenant occupancy or potential multi-unit retail configurations.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
3.72%
DSCR
0.63
Underwater
Cash-on-Cash
-7.39%
Monthly Payment
$10,639.184
Annual Cash Flow
$-47,670.208

Location & Travel Times