137-Space Mobile Home Park
Rocky Mount, NC
Asking price
$750,000
Sites
—
Cap rate
—
Price / site
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About this property
34.43-Acre Mobile Home Park Development Opportunity – Rocky Mount, NC Prime large-scale MHP development site in the City of Rocky Mount, Edgecombe County, just north of 2413 Tanner Road. Total acreage is 34.43 acres with only 3.125 acres of wetlands, leaving 31.305 usable acres. Current Zoning (No Rezoning Required): Supports 137 lots under existing zoning. Zoning Breakdown & Upside: 26 acres – MHP (already zoned) 2.61 acres – R-10 (can be rezoned to MHP) 1.84 acres – B-2 (contains three commercial buildings at 2351, 2347 & 2413 Tanner Rd – can be rezoned to MHP) 6 acres – A-1 (can be rezoned to MHP) The City of Rocky Mount has confirmed staff support for rezoning the R-10, B-2, and A-1 parcels to MHP. With full rezoning, the site supports approximately 186–188 total lots at 6 units per usable acre. MHP zoning also allows cluster development. Utilities & Site Conditions City water available at the road City sewer is very close — connection is feasible and cost-effective Minimal floodplain impact (only 1–2% in the 100-year flood zone) Property has already been timbered with no post-timbering waiting periods (confirmed by City Engineering) Minor subdivision plat recorded; wetland delineation and DWR buffer determination complete Strong existing entitlement of 137 lots with clear, city-supported upside to nearly 190 lots. Ready-to-go development site with excellent utility access. More documents available upon request Listing Broker: Gary Foote 252-245-0425 Garyfooterealtornc@gmail.com
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $750,000 |
|---|---|
| Address | 2448 Tanner Road |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
