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    E Springbrook Rd Broadway, VA 22815

    For Sale
    $399,000

    LAND - BROADWAY, VA

    Lot size:
    4.99 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for E Springbrook Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    4.99 Acres

    Kline May Realty (540) 434-9924 [email protected]

    Listing agent Kathie See (540) 896-9385 License #0225053582

    Listing date Oct 15, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Broadway Investment Property Opportunity

    This 4.99-acre investment property is located within the town limits of Broadway and is zoned R-5 for townhomes or condos, and B-1 for business or office use. The property offers western views and presents commercial opportunities, including the potential for a business below with apartments above. There is also a designated spot for a separate building. A recorded water and sewer easement from TM#52(A)115 is in place, and electric is available. Situated on a major street entering the town of Broadway, the property benefits from high traffic flow.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Broadway
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.79122127
    Latitude
    38.60581296

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    FAQs

    What type of property is this?
    Commercial land - Investment property in Broadway, zoned for townhomes, condos, or business.
    Where is this commercial land located?
    The property is located at E Springbrook Rd Broadway, VA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Zoned R-5 for townhomes/condos and B-1 for business/office, offering diverse development potential.; - Located on a major street with high traffic flow, ideal for commercial ventures.; - Investment property within the town limits of Broadway.
    (540) 896-9385
    Request Owner's contact information
    E Springbrook Rd Broadway, VA 22815
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    Broadway, VA 22815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    E Springbrook Rd Broadway, VA 22815
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