356 Mimosa St Danville, VA 24541-5733
This exceptional 3,836-acre property in Danville, Virginia (zip code 24541, address 356 Mimosa St) presents a unique investment opportunity for equestrian businesses or enthusiasts. The land is classified as agricultural and is offered as a single-tenant property. A well-maintained horse barn, featuring three generously sized stalls, is a key feature, providing ample space for horse boarding and care. Adjacent to the barn is a sizable paddock, offering extensive room for horse training and exercise. The property also boasts dedicated grass riding areas, further enhancing its suitability for boarding, training, and equestrian instruction. This picturesque setting provides a tranquil and productive environment for various equestrian activities. The property's location in Danville, VA offers convenient access to local amenities while maintaining a serene rural atmosphere. This is an ideal location for those seeking a blend of rural tranquility and operational convenience. The property's size and features make it suitable for a variety of equestrian-related ventures. This is a rare opportunity to acquire a well-established and functional equestrian property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
SUBURBAN RESIDENTIAL · Danville, VACosts & 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.