Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Danville, VA Building Lot Title is generated by Realmo AI

    ABBOTT ST, Danville, VA 24541

    View on Map
    Claim this Listing
    New
    Picture of Commercial land at ABBOTT ST, Danville, VA
    For Sale
    Contact for pricing

    LAND - Danville, VA

    Lot size:
    0.58 Acres
    Added:
    May 22, 2026
    Days on Market:
    2
    Last Refresh:
    May 23 at 6:06 am

    Property Features for ABBOTT ST

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    OTR
    Standard status
    Active
    Lot size
    0.58 Acres

    Taxes and HOA fees

    Tax Description
    88.42 FT NO 16A ABBOTT ST
    Tax Annual Amount
    30

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    CHUCK ESKEY

    Listing agent CHUCK ESKEY License #0225034214

    Listing office ESKEY & ASSOCIATES REALTY 1113 Franklin Turnpike, Keeling, VA

    Listing date May 22, 2026

    MLS# 78793 Listing URL

    Copyright © 2026 Dan River Region Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Great building lot
    • Awesome price
    • Electricity available
    • Public water source
    • Public sewer
    • Location: -79.381355, 36.602806

    Overview

    This commercial land is available for sale in Danville, Virginia. The property consists of a 0.58-acre building lot.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Danville
    County
    Danville
    State
    Virginia
    Longitude
    -79.3813526
    Latitude
    36.6028057

    Nearby Similar for Sale

    • $725,000
      3,220 SF

      High-Traffic Commercial Opportunity in Danville

      Corner property with high visibility and accessibility in Danville, Virginia.
      1264 S Boston Road, Danville, VA 24540
      View Details
    • $595,000
      14,810 SF

      Historic Danville Warehouse Conversion Potential

      Historic warehouse with condo/commercial conversion potential near Dan River.
      335 FLOYD ST, Danville, VA 24541
      View Details
    • $999,000

      Commercial Land Near Casino

      Commercial land with road frontage, convenient to the Casino.
      533 PINEY FOREST RD, Danville, VA 24540
      View Details
    • $325,000

      Danville Land with Development Potential

      44 acres of land suitable for residential or commercial development.
      44 AC Blue Jay Street, Danville, VA 24541
      View Details
    • $219,000

      Commercial Land on Piney Forest

      Two adjacent commercial lots in high-traffic Danville location for sale.
      978 PINEY FOREST RD, Danville, VA 24540
      View Details
    • $489,900

      Danville Land Development Opportunity

      5.3-acre land approved for 57-unit condo development.
      197-198 Beech Ave, Danville, VA 24541
      View Details
    • $95,000

      Danville Land Development Opportunity

      1.2 acre lot in downtown Danville with development potential.
      722 GROVE ST, Danville, VA 24541
      View Details
    • Contact for pricing
      5,612 SF

      Restaurant Property on Highway 58

      Restaurant property with ample parking and FF&E included.
      3585 Riverside Dr, Danville, VA 24541
      View Details
    • $135,000

      Commercial Lot in Danville, VA

      Commercial lot available for building in Danville, Virginia.
      S MAIN ST, Danville, VA 24541
      View Details
    • $2,500,000

      Danville Land with Development Potential

      Large acreage in Danville, VA, suitable for residential development.
      66 AC+ Woodcrest Heights, Danville, VA 24543
      View Details
    • $69,900

      Danville Land with Development Potential

      8.73 acres near 29 Bypass with future zoning changes.
      475 Corning Drive, Danville, VA 24541
      View Details
    • $14,900

      Danville, VA Building Lot

      Building lot near the casino in Danville, Virginia.
      WOOD AVE, Danville, VA 24541
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale in Danville, Virginia.
    Where is this commercial land located?
    The property is located at ABBOTT ST Danville, VA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Great building lot; Awesome price; Electricity available
    (434) 250-9800
    We can help!
    Listing Contact
    CHUCK ESKEY
    Real Estate License ID: 0225034214
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    ABBOTT ST, Danville, VA 24541
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!