Property profile

0 Holsinger Rd Broadway, VA 22815

OFF-MARKET
Land
24.58 ac lot
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Property summary

AI-generated overview

This exceptional 24.58-acre property presents a unique investment opportunity in Rockingham County, Virginia. Located at 0 Holsinger Rd, Broadway, VA 22815, this gently sloping parcel offers stunning views and convenient access to local amenities. The land is currently zoned for commercial and farm use, but preliminary discussions with Rockingham County and the Town of Broadway suggest potential for rezoning to single-family residential use and annexation into the Town of Broadway. This opens up a range of development possibilities for the discerning investor. The property's size and location make it ideal for a variety of projects, from residential subdivisions to commercial ventures. Its accessibility and scenic views are significant advantages. The asking price for this expansive tract is $615,000. Serious inquiries are encouraged to explore the potential of this remarkable land holding. The latitude and longitude coordinates are 38.6162216 and -78.7700608 respectively. This is a rare opportunity to acquire a substantial parcel of land with significant development potential in a desirable location.

Property profile

Verified
Property type Land
Lot 24.58 ac (1,070,705 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Holsinger Rd Broadway, VA 22815
Broadway metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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