7493 Lee Hwy Fairlawn, VA 24141
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CM1 · Fairlawn, VAFairlawn. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.