Property profile

00 Main St Broadway, VA 22815

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre commercial lot is strategically located in Broadway, Virginia, at 00 S Main Street, zip code 22815. The property boasts convenient public road access, eliminating the need for costly infrastructure development. Its prime location within the town of Broadway presents a unique opportunity for a variety of commercial ventures. The flat, one-acre parcel is ready for immediate development, making it an attractive investment for entrepreneurs seeking a turnkey location. Envision a thriving coffee shop, a convenient drive-thru establishment, or another suitable commercial enterprise. While the property is ready for development, potential buyers should be aware that any specific business plans will be subject to the necessary approvals from the town of Broadway. This property offers significant potential for growth and return on investment, making it an ideal opportunity for those seeking a high-visibility location in a thriving community. The asking price is $275,000. The property's coordinates are latitude 38.6048191 and longitude -78.8015149. Located in Rockingham County, this lot presents a rare chance to establish a successful business in a desirable area. Don't miss this chance to secure a prime piece of commercial real estate in Broadway, Virginia.

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

Location

00 Main St Broadway, VA 22815
Broadway metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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