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    109 6Th Ave Hopewell, VA 23860

    For Sale
    $41,000

    Prime Hopewell commercial land, 0.14 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial lot presents a unique investment opportunity in the thriving city of Hopewell, Virginia. Located at 109 S 6th Avenue, this 0.14-acre parcel is ideally situated for a variety of commercial ventures. The property's B2 zoning designation opens doors to a wide range of potential uses, providing flexibility for developers and entrepreneurs. Its convenient location offers excellent visibility and accessibility, making it an attractive site for businesses seeking high foot traffic or convenient access to major transportation routes. The asking price of $41,000 represents a compelling entry point into the Hopewell commercial real estate market. This is a blank canvas for your next business venture, offering the chance to build to suit your specific needs and create a thriving enterprise. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. The property is ready for development, presenting a rare opportunity to acquire a strategically located parcel in a growing area. Don't miss this chance to secure a piece of Hopewell's vibrant commercial landscape. Act quickly, as opportunities like this are seldom available.

    Property Features for 109 6Th Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hopewell
    County
    Hopewell
    State
    Virginia
    Longitude
    -77.29246
    Latitude
    37.30123

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hopewell commercial land, 0.14 acres.
    Where is this commercial real estate located?
    The property is located at 109 6Th Ave Hopewell, VA.
    What is the asking price?
    The asking price for this property is $41,000.
    (804) 748-0177
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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
    109 6Th Ave Hopewell, VA 23860
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