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    211 Nor Dan Dr Danville, VA 24540

    For Lease
    Contact for pricing

    Prime Danville Retail Space Available

    Lot size:
    135,358 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents itself at the Nordan Shopping Center, located at 211 Nordan Drive, Danville, VA 24540. The property boasts a total of 135,358 square feet of retail space, currently housing three suites. For prospective tenants seeking flexible space options, there are 3,780 square feet currently vacant, divisible into units as small as 300 square feet. Larger contiguous spaces are also available, with a maximum of 2,000 square feet. This makes the Nordan Shopping Center ideal for a variety of retail businesses, from smaller boutiques to larger operations needing a manageable footprint. The property's location in Danville city, Virginia, offers excellent visibility and accessibility for customers. The address is easily identifiable and convenient for both local residents and those traveling through the area. This is a chance to establish or expand your retail presence in a thriving community. The property is available for lease and offers a unique opportunity to secure a prime location within a well-established shopping center. Interested parties should inquire about lease terms and availability for the vacant spaces. The property is classified as commercial retail with multiple tenancies.

    Property Features for 211 Nor Dan Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    135,358 SF

    Unit(s) available at that property

    Space
    Suite 01030
    Size
    1,480 SF
    Space
    Suite 01035
    Size
    300 SF
    Space
    Suite 1140
    Size
    2,000 SF

    HighLights

    • Walmart Neighborhood Market, Big Lots, and It's Fashion Metro anchor this center.
    • Strong demographics: Over 46,500 residents within a 5‑mile radius.
    • High‑traffic location at Nordan Drive and Rt. 29 (Piney Forest Road) in Danville.
    • Average household income surpasses $55,300 within a 5‑mile radius.
    Property Profile Insight Report 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 Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville city
    State
    Virginia
    Longitude
    -79.3992747
    Latitude
    36.6267005

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    FAQs

    What type of property is this?
    Retail property - Prime Danville Retail Space Available
    Where is this retail property located?
    The property is located at 211 Nor Dan Dr Danville, VA.
    What are key features of this property?
    This property features: Walmart Neighborhood Market, Big Lots, and It's Fashion Metro anchor this center.; Strong demographics: Over 46,500 residents within a 5-mile radius.; High-traffic location at Nordan Drive and Rt. 29 (Piney Forest Road) in Danville.
    Request Owner's contact information
    211 Nor Dan Dr Danville, VA 24540
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    Danville, VA 24540
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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
    211 Nor Dan Dr Danville, VA 24540
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