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    Commonwealth Blvd Emporia, VA 23847

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Commonwealth Blvd

    Property type
    Commercial real estate

    Description

    This exceptional 9.83-acre commercial property in Emporia, Virginia, presents a remarkable investment opportunity. Located at 0 Commonwealth Boulevard, its strategic position offers unparalleled visibility from Route 301 and the Route 58 bypass ramp, ensuring high traffic exposure for any business. The land is completely cleared and flat, simplifying development and minimizing site preparation costs. Its proximity to an existing shopping center, fast-food restaurants, and convenience stores provides immediate access to a substantial customer base. The versatility of this site allows for a wide range of commercial developments, including but not limited to: shopping centers, grocery stores, machinery sales and service centers, restaurants, car washes, building and home supply businesses, and professional or public offices. The property's current asking price is significantly below its assessed value, representing a compelling financial advantage for prospective buyers. This is a rare opportunity to acquire a highly visible, readily developable commercial parcel in a thriving location. Don't miss out on this chance to establish your business in a prime Emporia location. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Emporia
    State
    Virginia
    Longitude
    -77.5338
    Latitude
    36.7076

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    Commonwealth Blvd
    Emporia, VA 23847
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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