Mercantile St Moneta, VA 24121
- Land
- 1.51 lot acres
Current Use by Public Records
- Land
Property Details for 0 Mercantile St
- Lot size
- 1.51 lot acres
- Property type
- Land
Description
This exceptional 1.51-acre commercial lot, located at Mercantile Street in Moneta, Virginia (zip code 24121), presents a remarkable investment opportunity. Priced at $379,000, this property boasts a highly desirable location directly on Route 122, offering unparalleled visibility and accessibility. Its proximity to the Moneta Public Library further enhances its appeal. The versatile zoning allows for a wide range of commercial uses, including retail, restaurants, fast food establishments, specialized facilities such as entertainment or art centers, medical facilities, and even banking institutions. The site benefits from a growing population and the ongoing development of new residential properties, both single-family and multi-family homes, ensuring a robust and expanding customer base. Situated on a main thoroughfare leading to Smith Mountain Lake State Park, this location guarantees high traffic volume and significant exposure to potential customers. This is an ideal location for establishing a thriving business venture, capitalizing on the area's growth and convenient access. The property's size and strategic placement make it an exceptional opportunity for developers and entrepreneurs seeking a prominent location in a thriving community. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moneta
- County
- Bedford
- State
- Virginia
- Longitude
- -79.6218
- Latitude
- 37.179
