Property profile

563 Main St Danville, VA 24541

OFF-MARKET
Retail properties & Spaces
Property ID
US87-1375483
4,810 SF 0.14 ac lot Built 1949
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1949
Construction CONCRETE BLOCKS
Total area 4,810 SF
Lot 0.14 ac (6,098 SF)
Zoning code CENTRAL BUSINESS DISTRICT
APN 26318
UPID US87-1375483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

563 Main St Danville, VA 24541-1317
Danville metro Census 500 DANVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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
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