Property profile

1411 Boston Rd Danville, VA 24540

OFF-MARKET
Grocery and convenience stores
Property ID
US87-1715915
7,200 SF 0.53 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1970
Construction CONCRETE BLOCKS
Total area 7,200 SF
Lot 0.53 ac (23,087 SF)
Zoning code HIGHWAY RETAIL COMM
APN 76413
UPID US87-1715915

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Bank Credit Union

Location

1411 Boston Rd Danville, VA 24540-5088
Danville metro Census 1301 DANVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$649k
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

HIGHWAY RETAIL COMM · Danville, VA
Top alternative use upside
Office building $930,000 +358.9%
Commercial (general) $920,000 +354.3%
Medical building $790,000 +289.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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