Property profile

0 Main St Danville, VA 24541

OFF-MARKET
Land
1.92 ac lot
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Property summary

AI-generated overview

This exceptional 1.9-acre commercial lot presents a remarkable investment opportunity in Danville, Virginia. Strategically located on South Main Street, this property enjoys high visibility and accessibility, situated directly adjacent to a Walgreens and in close proximity to the SOVAH Danville Medical Center. The HRC (Highway Retail Commercial) zoning allows for a wide range of development possibilities, making it ideal for businesses seeking a prominent location with significant foot and vehicle traffic. The lot's size provides ample space for a substantial building project, and its placement at a signalized intersection ensures easy ingress and egress for customers and employees. All utilities are readily available, simplifying the construction process and minimizing development costs. This prime location offers unparalleled exposure to a large and diverse customer base, making it an attractive proposition for a variety of commercial ventures. The property's proximity to major healthcare facilities and established retail businesses further enhances its appeal and potential for strong returns on investment. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area of Danville, VA. The asking price is $200,000. The property's address is S Main St, Danville, VA 24541.

Property profile

Verified
Property type Land
Lot 1.92 ac (83,635 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Danville, VA 24541
Danville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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