2250 Lee Hwy Service Rd Cloverdale, VA 24077
Exceptional commercial land opportunity in Cloverdale, Virginia. This 2.52-acre parcel, identified as APN 101(11)16, is priced at $550,000 and boasts approximately 500 feet of road frontage on Lee Highway (Rt. 11). The property is zoned B-3, offering a wide range of potential commercial uses. Its level topography makes development straightforward. The location provides excellent visibility and accessibility, with convenient access to major highways and interstates, ensuring high traffic volume and strong potential for business success. This prime commercial land presents a rare chance to establish a thriving enterprise in a high-demand area. The property's size and zoning make it suitable for a variety of commercial ventures. Serious inquiries are encouraged. The listed price reflects the combined value of both parcels 101(11)16 and 101(11)18A. Individual lot pricing is also available.
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
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.