Tbd-1 Main St, Broadway, VA 22815
This exceptional 1-acre commercial lot presents a remarkable opportunity for investors and developers. Located at TBD-1 S Main St in Broadway, Virginia (zip code 22815), this property boasts convenient public road access, eliminating the need for costly infrastructure development. The asking price is $275,000. Its ideal location within the town of Broadway makes it highly visible and attractive to a wide range of businesses. The zoning allows for diverse commercial uses, including medical facilities, office spaces, and restaurants, subject to the necessary approvals from the town. The 1-acre parcel provides ample space for construction, allowing for flexibility in design and building size. This property is situated at latitude 38.6130566 and longitude -78.799097, within Rockingham County. Given its size, location, and permitted uses, this lot represents a strong investment potential with significant upside for future growth. The existing infrastructure and zoning make this a turn-key opportunity for a quick start on your commercial venture. Serious inquiries are encouraged to explore this promising development prospect. This is a rare opportunity to acquire a prime commercial lot in a thriving Virginia town.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.