Property profile

423 Main St Danville, VA 24541

OFF-MARKET
Retail properties & Spaces
Property ID
US87-1421076
16,250 SF 0.17 ac lot Built 1920
Individually Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1920
Construction BRICK
Total area 16,250 SF
Lot 0.17 ac (7,405 SF)
Zoning code CENTRAL BUSINESS DISTRICT
APN 20142
UPID US87-1421076

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
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

423 Main St Danville, VA 24541-1109
Danville metro Census 500 DANVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2023
Last sale
$300,000
1 recorded transaction
2023
$300,000

Zoning & alternative use

CENTRAL BUSINESS DISTRICT · Danville, VA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 423 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message