Property profile

4677 Greensboro Rd Ridgeway, VA 24148

OFF-MARKET
Land
1.1 ac lot
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Property summary

AI-generated overview

This exceptional 1.132-acre commercial lot presents a remarkable opportunity in the thriving town of Ridgeway, Virginia. Located on Greensboro Road, this property boasts a highly desirable B-1 zoning classification, making it suitable for a variety of commercial uses, including restaurants and retail establishments. The land is already graded, and all essential utilities are readily available, significantly reducing development time and costs. Its strategic location ensures high visibility and accessibility, placing it within close proximity to a cluster of established businesses. These include prominent national chains such as Speedway, Wendy's, Hardee's, and Tractor Supply, as well as local favorites like the Ridgeway Family Clinic and Gunter Auto Group. This established commercial corridor guarantees a steady flow of potential customers, making this lot an ideal investment for entrepreneurs seeking a prime location to establish their business. The property's size and zoning provide ample space for development, catering to a range of commercial ventures. This is a rare opportunity to secure a well-situated, ready-to-develop commercial lot in a growing community. Don't miss out on this chance to capitalize on the potential of this exceptional property. The address is 4677 Greensboro Rd, Ridgeway, VA 24148.

Property profile

Verified
Property type Land
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

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

Location

4677 Greensboro Rd Ridgeway, VA 24148
Ridgeway 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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