1139 Broad St Rd Oilville, VA 23129-2203
This exceptional 12.19-acre commercial property in Oilville, VA, presents a unique investment opportunity. Located on Broad Street Road with high visibility and convenient access near the Oilville exit, this property boasts B1 zoning, allowing for the construction of five individual buildings, one per parcel. The property is offered as five combined parcels (Tax IDs: 45-22-0-1-0, 45-22-0-2-0, 45-22-0-3-0, 45-22-0-4-0, 45-22-0-5-0), with a thoughtfully designed site plan and renderings available to showcase development potential. A 772-square-foot existing office building is included (AS IS), providing immediate utility for adaptive reuse or upgrade. The phased development approach allows for strategic expansion, aligning clearing and paving with your timeline. This prime location offers unmatched exposure for a variety of commercial ventures, from retail spaces to a professional office park. The seller will contribute $50,000 towards the construction of a common entrance. Priced at $950,000, this property offers significant upside for the right developer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
B1-BUS/GEN · Oilville, VAOilville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.