Commonwealth Blvd Emporia, VA 23847
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.