4677 Greensboro Rd Ridgeway, VA 24148
This exceptional 1.132-acre commercial lot presents a remarkable opportunity in Ridgeway, VA. Ideally situated on Greensboro Road, this property boasts 370 feet of frontage, ensuring high visibility and accessibility. The lot is already graded and ready for development, with Appalachian Power readily available. Its B-1 zoning allows for a variety of commercial uses, making it perfect for a restaurant, retail establishment, or other similar ventures. The property's strategic location benefits from its proximity to a thriving commercial corridor, surrounded by established businesses such as Speedway, Wendy's, Hardee's, Gunter Auto Group, Dollar Tree, Tractor Supply, Domino's Pizza, Ridgeway Family Clinic, and National Optical. This high-traffic area guarantees significant exposure and potential for substantial returns. The parcel's size and location make it an attractive investment for developers and entrepreneurs seeking a prime location to establish their business. The APN is 213190008. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.