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COMPARABLE SALES
1331 Sunset Ave, Rocky Mount, NC 27804 — 2,522 sq ft — $289,000 ($115/sq ft) — Sold, same street
625 E Ridge St, Rocky Mount, NC 27804 — 2,075 sq ft — $258,000 ($124/sq ft) — Sold
AS IS Sale: 906 Hill St, Rocky Mount, NC 27801 — 2,543 sq ft — $105,000 ($41/sq ft) — Sold as-is, excluded from average — shows an as-is floor sale exists at $105k
Pending Sale: 1012 S Franklin St, Rocky Mount, NC 27803 — 1,912 sq ft — $219,000 pending ($115/sq ft) — excluded from average
For sale reference: 201 S Howell St, Rocky Mount, NC 27804 — 2,244 sq ft — $140,000 asking ($62/sq ft) — Active, as-is investor special, excluded from average

Comp Average: ~$273,500 (~$119/sq ft)
Our Price: $75,000 ($29/sq ft)
Spread: ~$198,500

At $75,000 ($29/sq ft), this property sits $198,500 below the average of the two clean sold comps on Sunset Ave and Ridge St. It’s also priced $30,000 under the 906 Hill St as-is floor sale of $105,000, and $65,000 under the current 201 S Howell asking price — both sitting well above our price, even before any rehab work is done.

OVERVIEW
This 4 bed/2 bath single family home is priced 73% below the $273,500 average of two sold comps in Rocky Mount, with a brand-new 2025 roof and city water/sewer already in place — though the home currently has no HVAC system, positioning this as a rehab-and-flip or rehab-and-hold play rather than a turnkey rental. A nearby as-is sale at 906 Hill St closed for $105,000, and 201 S Howell St is currently asking $140,000 as an investor special — both confirming a workable exit floor well above this asking price, even without a full renovation. Rocky Mount is mid-cycle on major growth: the city broke ground in October 2025 on a 55-acre industrial park projected to bring nearly 300 jobs and $43 million in economic output, alongside the ongoing Rocky Mount Mills redevelopment turning the historic mill district into a live-work-recreation hub downtown. With a 7,405 sq ft R10 lot and vacant possession at closing, this is a clean acquisition for an investor ready to fund the rehab.

Source: WRAL: Rocky Mount Industrial Park, Carolinas Gateway Partnership: Rocky Mount Industrial Village

DISCLAIMER — Please Read Before Submitting an Offer

Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and are not representing ourselves as such. We do not represent the owner.

Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.

Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.

Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal. Closing will occur as quickly as possible, but no longer than 30 calendar days. Buyer pays all closing costs — closing costs are NOT included in the asking price. Taxes will be prorated and split between parties. $495 transaction fee payable to Bright Home Offer LLC. Closing will be conducted with our closing attorney.

As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.

No repairs or improvements will be made prior to closing. No clean-out or clean-up of any kind will be completed. Property will not be broom clean at closing.

Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either negotiate your commission/fee directly with your client, separate from the wholesale price, or adjust the wholesale price upward to include your fee. If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.