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    Tbd Holsinger Rd Broadway, VA 22815

    Sponsored
    For Sale
    $615,000

    Prime 24.58-acre commercial land in Broadway, VA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 24.58-acre parcel of land presents a unique investment opportunity in Broadway, Virginia. Located on TBD Holsinger Road, this gently sloping property offers expansive views and convenient access to local amenities. The asking price is $615,000. Preliminary discussions with Rockingham County and the Town of Broadway suggest the potential for rezoning to single-family residential use, and annexation into the Town of Broadway is also a possibility. This makes the property highly versatile and suitable for a range of development projects. The property's size and location make it an attractive option for developers seeking to capitalize on the growing demand for residential properties in the area. The land's topography is described as gently rolling, providing a natural aesthetic and potentially simplifying development. The property is situated in Rockingham County, Virginia, with a zip code of 22815, and its precise coordinates are 38.6162216 latitude and -78.7700608 longitude. This location offers a balance between rural tranquility and proximity to urban conveniences. Serious inquiries are encouraged to explore the full potential of this remarkable land offering.

    Property Features for 0 Tbd Holsinger Rd

    General Information

    Property type
    Land
    Lot Size
    1,070,705 SF

    HighLights

    • 24.58‑acre land parcel in Broadway, VA, listed at $615,000.
    • Located on TBD Holsinger Road with gently sloping topography and expansive views.
    • Potential for rezoning to single‑family residential and annexation into the Town of Broadway.
    • Situated in Rockingham County, VA (zip code 22815), coordinates 38.6162216, -78.7700608.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broadway
    County
    Rockingham
    State
    Virginia
    Longitude
    -78.7700608
    Latitude
    38.6162216

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    FAQs

    What type of property is this?
    Land - Prime 24.58-acre commercial land in Broadway, VA.
    Where is this land located?
    The property is located at Tbd Holsinger Rd Broadway, VA.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: 24.58-acre land parcel in Broadway, VA, listed at $615,000.; Located on TBD Holsinger Road with gently sloping topography and expansive views.; Potential for rezoning to single-family residential and annexation into the Town of Broadway.
    Request Owner's contact information
    Tbd Holsinger Rd Broadway, VA 22815
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    Broadway, VA 22815
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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
    Tbd Holsinger Rd Broadway, VA 22815
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