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Property profile & analytics
OFF-MARKET
Commercial real estate

23 Montrose Dr Fishersville, VA 22939

1,092 SF 0.66 ac lot
Property ID
US87-3320279
Property summary
AI-generated overview

This exceptional commercial property in Fishersville, VA, presents a unique investment opportunity. Situated on Route 250, the 0.66-acre lot boasts 150 feet of prominent road frontage, ensuring high visibility for your business. The existing 1,092 square foot building is ideally suited for office space or rental income. Recent improvements include a fresh exterior paint job and a brand-new roof installed on December 24th. The original hardwood floors have been beautifully restored and are ready for immediate use. This property offers significant potential for immediate income generation and future expansion. An adjacent 0.68-acre lot is also available for purchase, adding nearly 200 feet of additional road frontage on Route 250. This cleared, nearly level lot presents a fantastic opportunity to expand your business or develop additional income streams. The combined properties offer a substantial footprint for a variety of commercial ventures, making this a truly compelling investment opportunity in a desirable location. The asking price is $305,000. Consider the potential of owning both parcels for an even more significant return on investment.

Property profile
Verified
Property type Commercial real estate
Total area 1,092 SF
Lot 0.66 ac (28,750 SF)
UPID US87-3320279
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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