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Property profile & analytics
OFF-MARKET
Office buildings

429 Main St Emporia, VA 23847-2313

50 ac lot Built 1930
Individually Owned Absentee Owner Free & Clear
Property ID
US87-2458511
Property summary
AI-generated overview

This exceptional commercial property, situated at 429 S Main Street in Emporia, Virginia, presents a unique opportunity for businesses seeking a convenient and well-equipped office space. The property encompasses one acre of land and offers multiple units available for lease. The building boasts a recently completed renovation, resulting in modern and efficient office spaces. A shared waiting area provides a professional first impression for clients, while a shared breakroom/kitchen offers a comfortable space for employees. Shared restroom facilities are also included. Ample parking is available in a large on-site lot, ensuring convenient access for staff and visitors. This is a truly comprehensive package, as the lease price of $900 includes all utilities: electricity, water, sewer, trash removal, and high-speed internet access. The location is ideal, offering easy access to both Interstate 95 and US Route 58, as well as the vibrant downtown Emporia area, providing excellent visibility and accessibility for your business. This all-inclusive lease makes this a cost-effective and hassle-free solution for your business needs. Don't miss this chance to establish your business in a prime Emporia location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Lot 50 ac (2,178,000 SF)
APN 182 -A -0 -50
UPID US87-2458511
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
Current use
Occupant on record · Public records
  • Nationwide Insurance: Radke & Associates LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
DAVID F YODER
DAVID F YODER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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