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Property profile & analytics
OFF-MARKET
Commercial real estate

123 Radio Rd Brookneal, VA 24528-3177

1,170 SF 0.48 ac lot Built 1970
Individually Owned Free & Clear
Property ID
US87-2115807
Property summary
AI-generated overview

This exceptional 0.48-acre property at 123 Radio Road, Brookneal, VA, presents a unique investment opportunity. Located directly across from the public boat launch on the Staunton River, this cleared and flat lot offers unparalleled access to recreational activities. The 1,170 square foot property boasts a rich history as a former radio station, with remnants of the station's infrastructure still in place. This includes existing radio equipment, satellite dishes, and a camper, all of which are included in the sale. The property's prime location and unique features make it ideal for a variety of uses, from redevelopment into a residential or commercial venture, to repurposing the existing radio equipment for a new broadcasting project. The flat, cleared lot simplifies development, minimizing site preparation costs. The proximity to the river provides exceptional views and recreational opportunities. This is a rare chance to acquire a piece of Brookneal history with significant potential for future development or creative repurposing. The asking price is $65,900. Serious inquiries only. All aspects of the property are sold as-is.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction FRAME
Total area 1,170 SF
Lot 0.48 ac (20,909 SF)
APN 103C-30000-063-B
UPID US87-2115807
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
JONATHAN KALIS COHEN
JONATHAN KALIS COHEN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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