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Property profile & analytics
FOR SALE
Commercial land

7493 Lee Hwy Fairlawn, VA 24141

1.34 ac lot
Entity Owned Free & Clear
Property ID
US87-3192770
Property summary
AI-generated overview

This exceptional 1.34-acre commercial lot presents a prime development opportunity in Fairlawn, Virginia. Located at 7493 Lee Highway, this property boasts unparalleled visibility and high traffic counts, exceeding 26,000 vehicles daily. Its strategic position on Lee Highway offers significant exposure to a large customer base. The lot shares an entrance with a Goodwill store, further enhancing its accessibility and visibility. A major intersection with a stoplight directly in front ensures easy ingress and egress for potential businesses. The property is already graded, simplifying the development process and saving considerable time and expense. Importantly, the lot is zoned CM, opening up a wide range of development possibilities for commercial ventures. This is a rare opportunity to acquire a highly visible, well-located commercial lot in a thriving area with excellent infrastructure and high daily traffic volume. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a high-demand location. Serious inquiries only.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.34 ac (58,370 SF)
Zoning code CM1
APN 039-001-0000-0037
UPID US87-3192770
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
SHAH DEVELOPMENT L L C
SHAH DEVELOPMENT L L C
Zoning & alternative use
CM1 · Fairlawn, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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