Main St, Broadway, VA 22815
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.
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
Similar Nearby for Lease
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.