OVERVIEW
901 Arlington St, Rocky Mount, NC 27801
Priced at just $10,000 — roughly $1.64/sq ft — this 0.14-acre R6 residential lot sits well under the current for-sale market average of ~$2.40/sq ft for comparable vacant lots in the same zip. City water and sewer are already at the street, removing one of the biggest cost hurdles for a build. Rocky Mount’s momentum is real right now: the Nash UNC Health hospital tower expansion just hit a major construction milestone, downtown earned national Main Street America accreditation for 2026, and national retailers (Texas Roadhouse, Raising Cane’s, a second Wawa) are actively building nearby — all signs of a strengthening corridor for infill land.
Comp Avg (Sold): ~$12,125 | For Sale Avg: ~$17,167
Price Per Sq Ft vs Market: $1.64/sq ft (asking) vs ~$2.40/sq ft (for-sale market avg)
DETAILS
Type: Vacant Land
Lot Size: 0.14 acres (6,098 sq ft)
Zoning: Residential R6
Utilities: City Water & Sewer
Closing Date: 07/22/26
Closing Attorney: Atlas Orange
CONDITION
- Vacant residential lot — no structure on site
- Utilities (water/sewer) available at the street per city records
- Property sold as-is
COMPARABLE SALES
219 Jordan St — sq ft n/a — $10,000 (n/a $/sq ft) — Sold Jan 2026
301 Dunn St — 15,246 sq ft — $14,250 ($0.93/sq ft) — Sold March 2025
Comp Average: ~$12,125
Our Price: $10,000 ($1.64/sq ft)
Your Spread: ~$2,125
For Sale reference (active market):
619 Arlington St Lot 4 — 7,405 sq ft — $13,000 ($1.76/sq ft) — same street, same R6 zoning
509 Cokey Rd — 7,405 sq ft — $25,000 ($3.38/sq ft)
816 Long Ave Lot 15 — 6,534 sq ft — $13,500 ($2.07/sq ft)
At $10,000, this lot is priced below both the sold and active for-sale averages, and the closest apples-to-apples comp — 619 Arlington St, same street, same R6 zoning — is listed $3,000 higher. The numbers support a straightforward flip: acquire, hold briefly, and resell into a market where comparable R6 lots are already trading higher.
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.