1092 Mayberry Crossing Dr Moneta, VA 24121
This exceptional 5.85-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Moneta, Virginia. Strategically located at 1092 Mayberry Crossing Drive, this property enjoys a highly visible position on Route 122, directly adjacent to the Moneta Public Library. Its prime location offers unparalleled access to the bustling heart of Downtown Moneta and provides convenient access to Smith Mountain Lake State Park, ensuring high traffic volume and excellent visibility for any business. The expansive lot size allows for a wide range of development possibilities, catering to diverse commercial ventures. Potential uses include, but are not limited to, retail establishments, restaurants, fast-food outlets, specialized facilities such as entertainment or art centers, and medical facilities. The property benefits from a growing population and a surge in new residential construction, both single-family and multi-family homes, creating a robust and expanding customer base. This is an exceptional opportunity to establish a thriving business in a vibrant and rapidly developing community. The asking price for this exceptional property is $708,500. The property's address is 1092 Mayberry Crossing Drive, Moneta, VA 24121. Don't miss this chance to secure a prime location for your next commercial venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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