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    605 W Main St Danville, VA 24541

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    For Lease
    Contact for pricing

    2,100 SF retail space in a 235,000 SF center.

    Property size:
    2,100 SF
    Lot size:
    15.23 Acres

    Property Features for 605 W Main St

    General Information

    Size
    2,100 SF
    Lot size
    15.23 Acres

    Source: Mattox & Co Agent Bill Mattox

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

    Overview

    Retail Space Near Averett University

    This property offers 2,100 square feet of retail space within a 235,000 square foot shopping center. The shopping center features a new parking lot and a large end cap is available. It is located near Averett University and Danville Regional Medical Center. The property is home to the CIT call center, which employs over 400 individuals.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville
    State
    Virginia
    Longitude
    -79.4181398
    Latitude
    36.571852

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    FAQs

    What type of property is this?
    Shopping center - 2,100 SF retail space in a 235,000 SF center.
    Where is this shopping center located?
    The property is located at 605 W Main St Danville, VA.
    What are key features of this property?
    This property features: - 235,000± sf shopping center; - New parking lot; - **Large end cap available**
    (804) 591-2400
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    Danville, VA 24541
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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
    605 W Main St Danville, VA 24541
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