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Property profile & analytics
OFF-MARKET
Commercial real estate

1200 Darvills Rd Blackstone, VA 23824

4 ac lot
Property ID
US87-2471048
Property summary
AI-generated overview

This 4-acre property at 1200 Darvills Road, Blackstone, Virginia (zip code 23824), is being offered via online auction. The opening bid is $400,000. The property consists of a 14,216-square-foot metal-frame building constructed in 2010. Previously used as a bowling alley and entertainment center, "Nottoway Lanes" features twelve bowling lanes, a full bar, a kitchen, and two separate meeting rooms. The property offers significant flexibility for various uses, from revitalizing the existing business to repurposing the space for a different venture. Ample parking is available. A recent inspection report details the condition of the bowling equipment, noting the need for repairs and replacements to several lanes and pinsetters. A detailed list of necessary repairs is available upon request. The building is conveniently located minutes from Blackstone's main thoroughfares and Fort Barfoot's main gate. The sale is "as-is," with a $20,000 non-refundable deposit due on the day of the auction and the remaining balance due within 45 days. This presents a unique opportunity for investors or entrepreneurs seeking a substantial property with high potential in a desirable location. No pre-auction offers will be accepted.

Property profile
Verified
Property type Commercial real estate
Lot 4 ac (174,240 SF)
UPID US87-2471048
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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