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Property profile & analytics
OFF-MARKET
Land

Tbd-2 Main St Broadway, VA 22815

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial lot is situated in the vibrant town of Broadway, Virginia, at Tbd-2 S Main St, zip code 22815. Located in Rockingham County, this property boasts convenient public road access, making it an attractive proposition for a variety of commercial ventures. The asking price is $275,000. Zoned for commercial use, this parcel presents a unique opportunity for entrepreneurs seeking a strategic location for their business. The property's versatility allows for a range of development possibilities, including medical facilities, office spaces, or restaurants. While specific uses are subject to town approval, the existing infrastructure and prime location significantly enhance the potential for a successful development. The 1-acre size offers ample space for construction and potential expansion, catering to businesses requiring substantial room for operations. This property's strategic location within Broadway offers excellent visibility and accessibility, ensuring high potential for customer traffic and business growth. The existing public road access eliminates the need for extensive infrastructure development, saving both time and resources. This makes it an exceptionally attractive investment for those seeking a ready-to-develop commercial site in a thriving community. Invest in this promising opportunity to establish a thriving business in a desirable location.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
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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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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