Property profile

0 Tbd Holsinger Rd Broadway, VA 22815

OFF-MARKET
Land
24.58 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 24.58 ac (1,070,705 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Holsinger Rd Broadway, VA 22815
Broadway metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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