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Property profile & analytics
OFF-MARKET
Land

16427 Wise St Saint Paul, VA 24283

Property ID
Property summary
AI-generated overview

This exceptional 0.5-acre outparcel presents a unique investment opportunity in Saint Paul, Virginia. Located at 16427 Wise St, 24283, this commercially zoned land is ideally situated for development. The property boasts high visibility and accessibility on the heavily trafficked Bull Run Road. Its strategic location within a thriving shopping center offers significant advantages. The center is anchored by established businesses including Roses, Virginia ABC, Ballard Health, and Huddle House, ensuring consistent foot traffic and consumer activity. Furthermore, the property benefits from its proximity to a Food City grocery store—the only major grocery operator in the area—and is surrounded by other national chains such as Taco Bell, Advanced Auto Parts, Walgreens, and Dollar General. This prime location offers excellent potential for a variety of commercial uses, making it an attractive investment for both developers and businesses seeking a high-traffic, well-established location. The asking price is $100,000. The property is available for sale or ground lease. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a growing market.

Property profile
Verified
Property type Land
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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