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Property profile & analytics

Main St Broadway, VA 22815

  • Commercial real estate
  • 2.20 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Main St

Lot size
2.20 lot acres
Property type
Commercial real estate

Description

This exceptional 2.2-acre commercial parcel presents a unique investment opportunity in the thriving town of Broadway, Virginia. Strategically situated directly behind the Main Street car wash, this property boasts excellent visibility and convenient access. A commercial entrance is already in place, saving significant development time and costs. All necessary utilities are readily available, simplifying the process of building or establishing your business. The land's current zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. Furthermore, the potential for expansion exists, with adjoining acreage available for purchase, increasing the total land area to over four acres. This presents a significant advantage for businesses requiring larger footprints or future expansion plans. Prospective buyers should note the possibility of rezoning the property to accommodate higher-density housing, offering additional development options and potential for increased return on investment. This prime location, coupled with its existing infrastructure and expansion potential, makes this property an attractive proposition for both established businesses and new ventures seeking a foothold in a growing community. The asking price of $250,000 reflects the exceptional value and potential of this unique commercial land offering. Don't miss this chance to secure a piece of Broadway's vibrant commercial landscape.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Broadway
County
Rockingham
State
Virginia
Longitude
-78.7992
Latitude
38.6133
More about this property
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