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    4677 Greensboro Rd Ridgeway, VA 24148

    Sponsored
    For Lease
    Contact for pricing

    Prime B-1 zoned lot, high traffic area.

    Lot size:
    49,223 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.132-acre commercial lot presents a remarkable opportunity in Ridgeway, VA. Ideally situated on Greensboro Road, this property boasts 370 feet of frontage, ensuring high visibility and accessibility. The lot is already graded and ready for development, with Appalachian Power readily available. Its B-1 zoning allows for a variety of commercial uses, making it perfect for a restaurant, retail establishment, or other similar ventures. The property's strategic location benefits from its proximity to a thriving commercial corridor, surrounded by established businesses such as Speedway, Wendy's, Hardee's, Gunter Auto Group, Dollar Tree, Tractor Supply, Domino's Pizza, Ridgeway Family Clinic, and National Optical. This high-traffic area guarantees significant exposure and potential for substantial returns. The parcel's size and location make it an attractive investment for developers and entrepreneurs seeking a prime location to establish their business. The APN is 213190008. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area.

    Property Features for 4677 Greensboro Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,223 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    49,223 SF

    HighLights

    • 1.132‑acre commercial land parcel in Ridgeway, VA.
    • B‑1 zoning.
    • 370‑foot frontage.
    • Utilities available, including Appalachian Power.
    • Located near Speedway, Wendy's, Hardee's, and other established businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeway
    County
    Henry
    State
    Virginia
    Longitude
    -79.859187875158
    Latitude
    36.629959788906

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Land - Prime B-1 zoned lot, high traffic area.
    Where is this land located?
    The property is located at 4677 Greensboro Rd Ridgeway, VA.
    What are key features of this property?
    This property features: 1.132-acre commercial land parcel in Ridgeway, VA.; B-1 zoning.; 370-foot frontage.
    Request Owner's contact information
    4677 Greensboro Rd Ridgeway, VA 24148
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    Ridgeway, VA 24148
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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
    4677 Greensboro Rd Ridgeway, VA 24148
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