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    12 Celebration Ave Moneta, VA 24121

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12 Celebration Ave

    Property type
    Land

    Description

    This exceptional 6,000 square foot commercial land parcel is ideally situated in the heart of Downtown Moneta, directly across from the popular Edo Grill & Sushi restaurant. Located on Lot 12 Celebration Avenue, this property is zoned PD-1 and presents a unique opportunity for various commercial ventures. The asking price is $510,000, and it's important to note that this price is for the land only. The property's prime location within the Moneta Towncenter ensures high visibility and accessibility for potential businesses. While the exact square footage of individual sites may vary, some offer the potential for two-story development, providing flexibility for future expansion. Associated fees, to be determined based on the specific business and its parking requirements, will cover essential services including parking lot maintenance, snow removal, landscaping, and sidewalk upkeep. This is an excellent opportunity to establish a thriving business in a vibrant and growing community. The property is owned by NBI Development LLC and is located in Bedford County, Virginia, zip code 24121. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Moneta
    County
    Bedford
    State
    Virginia
    Longitude
    -79.6206
    Latitude
    37.179

    Comparable in this City

    • Value Estimation by Request

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      20 Mayberry Crossing Dr

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    Similar Nearby for Lease

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    12 Celebration Ave
    Moneta, VA 24121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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