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    125 Watson St Danville, VA 24541

    Sponsored
    For Sale
    $400,000

    Prime Medical Office, Danville, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-level medical office building in Danville, Virginia, is offered at $400,000. Located at 125 Watson St, zip code 24541, this property boasts a convenient location and ample parking (Parcel 21104). The building is zoned NC Neighborhood Commercial, offering versatility for various uses beyond medical practices. The upper level features a reception area, three offices, five exam rooms, a breakroom, a lab, four restrooms, and storage space. The lower level provides a large open reception area, one office, nine exam rooms, a breakroom, two restrooms, and substantial storage. The building includes an elevator, although it currently requires servicing and inspection by a qualified technician and is not operational. This presents a unique opportunity for an investor or medical professional seeking a well-appointed space with significant potential. The property's layout and features make it ideal for a variety of healthcare providers or businesses requiring multiple examination rooms and ample space. The convenient location and zoning flexibility add to its overall appeal.

    Property Features for 125 Watson St

    General Information

    Property type
    Medical offices

    HighLights

    • $400,000 asking price.
    • Medical office building in Danville, VA.
    • Located at 125 Watson St, Danville, VA 24541.
    • Two‑story building with elevator (currently out of service).
    • Features reception area, offices, exam rooms, breakroom, lab, restrooms, and storage.
    • Zoned NC Neighborhood Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Danville Internal Medicine ... Doctor Dr. Daniel L. ... Internist Jo ann Earp, ... Internist Jo Earp Nurse Practitioner Daniel Lee Pomposini Internist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville City
    State
    Virginia
    Longitude
    -79.406402435326
    Latitude
    36.574409931351

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Danville, VA
    Where is this medical office located?
    The property is located at 125 Watson St Danville, VA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price.; Medical office building in Danville, VA.; Located at 125 Watson St, Danville, VA 24541.
    Request Owner's contact information
    125 Watson St 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
    125 Watson St Danville, VA 24541
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