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    Century 21 Nachman Realty

    5103 George Wash Mem Hwy, White Marsh, VA
    (757) 833-8400
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    Size: 10+ agents

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    • Land
    • Commercial Lease
    • Commercial Sale

    Listings

    For Sale (28)

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    Waterfront Lot in Point Anne
    Contact for pricing
    0.31 Acres

    Waterfront Lot in Point Anne

    Build your dream home with river access and community amenities.

    307ac Point Anne Dr, Hartfield, VA 23071
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    Waterfront Land in Mathews County
    $299,000
    7.01 Acres

    Waterfront Land in Mathews County

    7-acre waterfront lot with septic system in Mathews County, VA.

    Creekside Ln, North, VA 23128
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    Hartfield, VA Land Opportunity
    Contact for pricing
    0.28 Acres

    Hartfield, VA Land Opportunity

    Build your dream home near the Plankatank River!

    277ac Point Anne Dr, Hartfield, VA 23071
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    Surry, VA Land Opportunity
    $259,995
    28.20 Acres

    Surry, VA Land Opportunity

    Almost 30 acres of partially wooded, cleared land.

    42-14 Chippokes Farm Rd, Surry, VA 23883
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    Expansive Land Near Historic Downtown
    $235,000
    19.42 Acres

    Expansive Land Near Historic Downtown

    19.4 acres near downtown Mathews, suitable for residential or commercial.

    19.42 Ac Main St, Mathews, VA 23109
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    Waterfront Land in Mathews County
    $298,000
    7.10 Acres

    Waterfront Land in Mathews County

    7-acre waterfront lot with development potential in North, VA.

    Creekside Ln, North, VA 23128
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    Waterfront Lot in Point Anne
    $39,000
    0.92 Acres

    Waterfront Lot in Point Anne

    Waterfront lot with community beach, boat ramp, and dock access.

    900ac Point Anne Dr, Hartfield, VA 23071
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    Waterfront Lot in Point Anne
    $39,000
    0.83 Acres

    Waterfront Lot in Point Anne

    Waterfront lot with community beach, boat ramp, and dock access.

    825ac Point Anne Dr, Hartfield, VA 23071
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    Waterfront Lot in Point Anne
    $39,000
    1.22 Acres

    Waterfront Lot in Point Anne

    Waterfront lot with community beach, boat ramp, and dock access.

    1.22Ac Pt Anne, Hartfield, VA 23071
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    Waterfront Lot in Point Anne
    $39,000
    1.01 Acres

    Waterfront Lot in Point Anne

    Waterfront lot with community beach, boat ramp, and dock access.

    1.01Ac Pt Anne, Hartfield, VA 23071
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    Water Access Residential Lot
    Contact for pricing
    0.28 Acres

    Water Access Residential Lot

    Residential lot with water access and community amenities.

    277ac Point Anne Dr, Hartfield, VA 23071
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    Hartfield, VA Land Opportunity
    Contact for pricing
    0.31 Acres

    Hartfield, VA Land Opportunity

    Residential lot in Point Anne Subdivision with river access.

    0.307Ac Pt Anne, Hartfield, VA 23071
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    Waterfront Residential Land in Cobbs Creek
    $112,900
    10.62 Acres

    Waterfront Residential Land in Cobbs Creek

    10.62 acre waterfront residential land for sale.

    Creek Ln, Cobbs Creek, VA 23035
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    Residential Lot Ready For Development
    Contact for pricing
    0.09 Acres

    Residential Lot Ready For Development

    Level residential lot in Newport News, ready for development.

    1310 30Th St, Newport News, VA 23607
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    Water Access Land in Hartfield
    Contact for pricing
    0.34 Acres

    Water Access Land in Hartfield

    Residential land with water access and boat ramp to Piankatank River.

    0.34 Acre Pt Anne, Hartfield, VA 23071
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    Buildable Lot in Chesapeake, VA
    $69,900
    0.53 Acres

    Buildable Lot in Chesapeake, VA

    Half-acre lot ready for your dream home.

    14 Truitt Rd, Chesapeake, VA 23321
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    Buildable Lot in Chesapeake, VA
    $69,900
    0.53 Acres

    Buildable Lot in Chesapeake, VA

    Half-acre residential lot, build your dream home at your pace.

    13 Truitt Rd, Chesapeake, VA 23321
    View details
    Vacant Lot on E Washington
    $49,999
    0.14 Acres

    Vacant Lot on E Washington

    Vacant lot with residential/commercial potential in Suffolk, Virginia.

    E Washington St, Suffolk, VA 23434
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    Waterfront Land in Hartfield, Virginia
    Contact for pricing
    0.34 Acres

    Waterfront Land in Hartfield, Virginia

    Water access to Piankatank River, build your dream home.

    0.34Ac Pt Anne, Hartfield, VA 23071
    View details
    Suffolk, VA Land For Sale
    $200,000
    0.40 Acres

    Suffolk, VA Land For Sale

    0.40 acres near Centerpoint Intermodal Truck Terminal.

    40-AC Holland Rd, Suffolk, VA 23434
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    45.76 Acres Near Truck Terminal
    $3,100,000
    45.76 Acres

    45.76 Acres Near Truck Terminal

    45.76 acres suitable for industrial park or truck plaza.

    3240 Holland Rd, Suffolk, VA 23434
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    Suffolk, VA Land For Sale
    $200,000
    0.40 Acres

    Suffolk, VA Land For Sale

    0.40 acre land parcel near Centerpoint Intermodal Truck Terminal.

    40-AC Holland Rd, Suffolk, VA 23434
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    Suffolk Land Near Intermodal Terminal
    $1,381,600
    17.27 Acres

    Suffolk Land Near Intermodal Terminal

    17.27 acres near Centerpoint Intermodal Truck Terminal in Suffolk, VA.

    3316 Holland Rd, Suffolk, VA 23434
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    Suffolk, VA Land Opportunity
    $250,000
    0.50 Acres

    Suffolk, VA Land Opportunity

    0.50 AC land near Centerpoint Intermodal Truck Terminal.

    3320 Holland Rd, Suffolk, VA 23434
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    Hampton Office Space For Sale
    $420,000
    3,000 SF

    Hampton Office Space For Sale

    3000 sqft office space suitable for medical practice.

    2200 Executive Dr, Hampton, VA 23666
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    Suffolk, VA Cleared Lot
    $55,000

    Suffolk, VA Cleared Lot

    Cleared 0.18 acre lot in Suffolk, Virginia.

    18AC Clifton St, Suffolk, VA 23435
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    Suffolk, VA Cleared Lot
    $55,000

    Suffolk, VA Cleared Lot

    Cleared 0.017-acre lot with septic tank in Suffolk, VA.

    4225 Clifton St, Suffolk, VA 23435
    View details
    Industrial Land Near Truck Terminal
    $1,381,600
    1,023 SF

    Industrial Land Near Truck Terminal

    17.27 acres near Centerpoint Intermodal Truck Terminal.

    3316 Holland Rd, Suffolk, VA 23434
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Century 21 Nachman Realty
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