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    Market Ridge Ln Daleville, VA 24083

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    For Sale
    $1,033,500

    Retail land with excellent road visibility, development ready.

    Lot size:
    1.59 Acres

    Property Features for Market Ridge Ln

    General Information

    Lot size
    1.59 Acres
    Source: Moodyscre

    Listing Agent: Stephen Pendergrass

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

    Overview

    Retail Land in Daleville, VA

    Orchard Marketplace Lots 3 and 4 feature retail land with excellent road visibility along the main commerce corridor in Daleville, Virginia. The lots are zoned B-2 and are development ready, with utilities and stormwater management in place.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Daleville
    County
    Botetourt
    State
    Virginia
    Longitude
    -79.910099
    Latitude
    37.414757

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    FAQs

    What type of property is this?
    Commercial land - Retail land with excellent road visibility, development ready.
    Where is this commercial land located?
    The property is located at Market Ridge Ln Daleville, VA.
    What is the asking price?
    The asking price for this property is $1,033,500.
    What are key features of this property?
    This property features: - Excellent road visibility on the main commerce corridor.; - Zoned B-2 for retail use.; - Development ready.
    (540) 982-2444
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    Market Ridge Ln Daleville, VA 24083
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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
    Market Ridge Ln Daleville, VA 24083
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