Property profile

Community Way Danville, VA 24541

OFF-MARKET
Office Spaces
Property ID
US87-1029850
21,476 SF 4.12 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1966
Construction CONCRETE
Total area 21,476 SF
Lot 4.12 ac (179,467 SF)
Zoning code TRANSITIONAL OFFICE
APN 51478
UPID US87-1029850

Cap rate & NOI

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

Location

Community Way Danville, VA 24541
Danville metro Census 700 DANVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.27M
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$400k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
$987,400
2012
$718,000

Zoning & alternative use

TRANSITIONAL OFFICE · Danville, VA
Top alternative use upside
Restaurant $2.8M +53.8%
Medical building $2.8M +51.6%

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 Community Way?
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