119 Cane Creek Blvd Danville, VA 24540
For Lease
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This exceptional commercial property, located at 119 Cane Creek Blvd in Danville, Virginia, 24540, presents a significant investment opportunity. The building encompasses approximately 50,652 square feet of rentable space, situated on a generous 9.76-acre lot. Currently vacant, this traditional office building offers immense potential for a variety of uses. Its previous use as a call center suggests a layout well-suited for large-scale operations requiring substantial space. The property boasts ample parking with approximately 450 spaces, ensuring convenient access for employees and clients. The zoning designation is LED-I, and there's potential for industrial use, subject to applicable regulations and approvals. The asking price is $3,500,000, translating to a price per square foot of $69.17. The property is conveniently located approximately 10 minutes from Downtown Danville, offering easy access to amenities and transportation routes. This is a rare opportunity to acquire a substantial, well-located commercial property in a growing market. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LIGHT ECONOMIC DEVELOPMEN · Danville, VADanville. Always verify with local authorities before improvements.
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.