23 Montrose Dr Fishersville, VA 22939
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.