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    Main St Danville, VA 24541

    Sponsored
    For Sale
    $200,000

    1.9 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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 Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • $200,000 asking price.
    • 1.92‑acre commercial land parcel.
    • Located in Danville, VA, zoned HRC (Highway Retail Commercial).
    • Situated on S Main St, adjacent to Walgreens and near SOVAH Danville Medical Center.
    • High‑visibility lot with access to a signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Danville
    County
    Danville City
    State
    Virginia
    Longitude
    -79.4048495
    Latitude
    36.560792

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    FAQs

    What type of property is this?
    Land - 1.9 Acres, High-Traffic Location
    Where is this land located?
    The property is located at Main St Danville, VA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price.; 1.92-acre commercial land parcel.; Located in Danville, VA, zoned HRC (Highway Retail Commercial).
    (434) 489-8200
    Request Owner's contact information
    Main St Danville, VA 24541
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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
    Main St Danville, VA 24541
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