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Property profile & analytics
OFF-MARKET
Commercial real estate

1092 Mayberry Crossing Dr Moneta, VA 24121

5.85 ac lot
Entity Owned 3-yr Hold
Property ID
US87-2149451
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 5.85 ac (254,826 SF)
UPID US87-2149451
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Virginia Tech Foundation INC · 3 yrs held
Virginia Tech Foundation INC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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