Property profile

4677 Greensboro Rd Ridgeway, VA 24148

OFF-MARKET
Land
1.13 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.13 ac (49,310 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4677 Greensboro Rd Ridgeway, VA 24148
Ridgeway metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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