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Property profile & analytics
OFF-MARKET
Land

0 Tbd Riley Lebanon, VA 24266

0.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.25-acre commercial land parcel presents a unique investment opportunity in the vibrant town of Lebanon, Virginia. Located in a high-visibility mixed-use shopping plaza, this property benefits from significant foot traffic and excellent exposure. Its strategic location offers easy access to the amenities and conveniences of downtown Westfield, which is within convenient walking distance. The property's value is further enhanced by the development of new luxury apartments in the immediate vicinity, promising increased population density and a growing consumer base in the coming months. This translates to a strong potential for future appreciation and a diverse range of development possibilities, making it an ideal site for a variety of commercial ventures. The asking price is $11,500. The property is zoned for commercial use and is ready for immediate development. The address is TBD Riley Street, Lebanon, VA 24266. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly developing area. Don't miss out on this chance to secure a prime piece of real estate in a thriving community. The property is situated in Russell County, Virginia.

Property profile
Verified
Property type Land
Lot 0.25 ac (10,890 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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