0 Main St Danville, VA 24541
This exceptional 1.9-acre commercial lot presents a remarkable investment opportunity in Danville, Virginia. Strategically located on South Main Street, this property enjoys high visibility and accessibility, situated directly adjacent to a Walgreens and in close proximity to the SOVAH Danville Medical Center. The HRC (Highway Retail Commercial) zoning allows for a wide range of development possibilities, making it ideal for businesses seeking a prominent location with significant foot and vehicle traffic. The lot's size provides ample space for a substantial building project, and its placement at a signalized intersection ensures easy ingress and egress for customers and employees. All utilities are readily available, simplifying the construction process and minimizing development costs. This prime location offers unparalleled exposure to a large and diverse customer base, making it an attractive proposition for a variety of commercial ventures. The property's proximity to major healthcare facilities and established retail businesses further enhances its appeal and potential for strong returns on investment. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area of Danville, VA. The asking price is $200,000. The property's address is S Main St, Danville, VA 24541.
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.