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    OFF-MARKET
    Land

    Tbd-1 Main St, Broadway, VA 22815

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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