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Property profile & analytics
OFF-MARKET
Commercial real estate

3904 Oaklawn Blvd Hopewell, VA 23860

0.5 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 3904 Oaklawn Boulevard in Hopewell, Virginia, presents a unique investment opportunity. Situated on a half-acre lot at the corner of Ashland and Oaklawn Boulevards, this property boasts a high traffic count, making it ideally suited for a variety of commercial ventures, particularly a restaurant. The property consists of two parcels, identified by PIDs 025-0055 and 025-0035. The building's current condition is noted as poor, presenting a chance for a complete renovation and customization to suit a specific business plan. The prime location and high visibility offer significant potential for return on investment. The asking price for this property is $850,000. Serious inquiries are encouraged to explore the possibilities this location offers. Given the building's condition, a thorough inspection is recommended. This is a rare opportunity to acquire a high-traffic corner lot in a desirable location, ready for redevelopment. The property's size and location make it suitable for a variety of commercial uses, beyond just a restaurant. The potential for significant return on investment is substantial, given the strategic location and high volume of traffic. Further details are available upon request.

Property profile
Verified
Property type Commercial real estate
Year built 1970
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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