0 Springbrook Rd Broadway, VA 22815
This exceptional 2.68-acre commercial land parcel is strategically located on a main thoroughfare in Broadway, Virginia, offering unparalleled visibility and accessibility. Zoned B1, this property presents a multitude of development opportunities. Its prime location provides convenient access to both Broadway and Harrisonburg, ensuring high traffic volume. The property shares a joint entrance with a United Bank branch, further enhancing its visibility and appeal. The site's proximity to numerous townhouses, duplexes, and apartments, along with Broadway High School (a mere quarter-mile away), underscores its strong potential for various commercial ventures. For investors seeking smaller parcels, the seller is open to subdividing the land. A 1.6-acre lot off Alger Lane is available for $160,000, while a 1-acre lot off E Springbrook Rd is priced at $300,000. The asking price for the entire 2.68-acre parcel is $375,000. This presents a rare opportunity to acquire a highly desirable commercial property in a thriving Virginia community. The property is situated in Rockingham County, VA, with the address listed as E Springbrook Rd, Broadway, VA 22815.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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