193 Mclendon Dr Farmville, VA 23901
This exceptional multi-purpose property, located at 193 McLendon Drive just outside Farmville, VA, presents a unique investment opportunity. Boasting a substantial 11,808 square feet of indoor space, this venue is ideally suited for a wide range of uses. The interior features a fully equipped commercial kitchen, perfect for catering large events or establishing a restaurant. Multiple seating areas, a dedicated bar, and several private rooms offer flexibility for various configurations. A spacious dance floor and DJ booth cater to events requiring entertainment. Four restrooms ensure ample convenience for guests. The property's extensive outdoor area, encompassing over 5.78 acres, includes a paved parking lot with lighting and an entry gate, ensuring easy access and ample space for vehicles. A dedicated booth further enhances the entry experience. Beyond the parking, the expansive grounds boast an outdoor ball field and stage, providing additional space for outdoor events and activities. This combination of indoor and outdoor space offers limitless possibilities for hosting events of all sizes and types, from weddings and corporate gatherings to sporting events and community festivals. The property's location just outside Farmville town limits offers a blend of accessibility and a tranquil setting. This is a rare opportunity to acquire a versatile and well-equipped property with significant potential.
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New Fever's Restaurant Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.