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Property profile & analytics
OFF-MARKET
Commercial real estate

Commonwealth Blvd Emporia, VA 23847

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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