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Property profile & analytics
OFF-MARKET
Commercial real estate

109 6Th Ave Hopewell, VA 23860

Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial lot presents a unique investment opportunity in the thriving city of Hopewell, Virginia. Located at 109 S 6th Avenue, this 0.14-acre parcel is ideally situated for a variety of commercial ventures. The property's B2 zoning designation opens doors to a wide range of potential uses, providing flexibility for developers and entrepreneurs. Its convenient location offers excellent visibility and accessibility, making it an attractive site for businesses seeking high foot traffic or convenient access to major transportation routes. The asking price of $41,000 represents a compelling entry point into the Hopewell commercial real estate market. This is a blank canvas for your next business venture, offering the chance to build to suit your specific needs and create a thriving enterprise. Serious inquiries are encouraged to explore the possibilities this prime commercial lot offers. The property is ready for development, presenting a rare opportunity to acquire a strategically located parcel in a growing area. Don't miss this chance to secure a piece of Hopewell's vibrant commercial landscape. Act quickly, as opportunities like this are seldom available.

Property profile
Verified
Property type Commercial real estate
Year built 1900
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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