0 Tbd Holsinger Rd Broadway, VA 22815
This exceptional 24.58-acre parcel of land presents a unique investment opportunity in Broadway, Virginia. Located on TBD Holsinger Road, this gently sloping property offers expansive views and convenient access to local amenities. The asking price is $615,000. Preliminary discussions with Rockingham County and the Town of Broadway suggest the potential for rezoning to single-family residential use, and annexation into the Town of Broadway is also a possibility. This makes the property highly versatile and suitable for a range of development projects. The property's size and location make it an attractive option for developers seeking to capitalize on the growing demand for residential properties in the area. The land's topography is described as gently rolling, providing a natural aesthetic and potentially simplifying development. The property is situated in Rockingham County, Virginia, with a zip code of 22815, and its precise coordinates are 38.6162216 latitude and -78.7700608 longitude. This location offers a balance between rural tranquility and proximity to urban conveniences. Serious inquiries are encouraged to explore the full potential of this remarkable land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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