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    195 Holt Garrison Pkwy Danville, VA 24540

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    For Lease
    Contact for pricing

    10,602 SF restaurant space for lease in Danville, VA.

    Property size:
    10,602 SF
    Lot size:
    1.92 Acres

    Property Features for 195 Holt Garrison Pkwy

    General Information

    Size
    10,602 SF
    Lot size
    1.92 Acres

    Source: The Shopping Center Group | Raleigh Agent Jeff Nimmer, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Golden Corral Available

    This property features a 1.92-acre parcel improved with an approximately 10,602-square-foot former Golden Corral restaurant. Situated as an outparcel to a large power center anchored by Target, Home Depot, and Marshalls, the location benefits from high traffic counts of 27,000 AADT on US 29. The property is available for ground lease or build-to-suit options and can be subdivided. A Caesars Palace casino is planned to open in the city in 2023.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Similar Places Nearby

    Firehouse Subs Danville Mall

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville
    State
    Virginia
    Longitude
    -79.4145165
    Latitude
    36.6029147

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    FAQs

    What type of property is this?
    Restaurant - 10,602 SF restaurant space for lease in Danville, VA.
    Where is this restaurant located?
    The property is located at 195 Holt Garrison Pkwy Danville, VA.
    What are key features of this property?
    This property features: - High traffic location with **27,000 AADT** on US 29.; - Outparcel to a large power center anchored by **Target, Home Depot, and Marshalls**.; - 1.92 acre parcel with a 10,602 sf building.
    (919) 380-8041
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    195 Holt Garrison Pkwy Danville, VA 24540
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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
    195 Holt Garrison Pkwy Danville, VA 24540
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