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    NextHome Coast To Country Real Estate

    3765 George Washington Memorial Hwy, Gloucester Point, VA 23072
    (804) 642-6126
    Web Site
    Size: under 10 agents

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    Property Types

    • Land
    • Commercial Sale

    Listings

    For Sale (32)

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    Gloucester Land Parcel For Sale
    $128,000
    16.50 Acres

    Gloucester Land Parcel For Sale

    16.5 acre parcel near Gloucester Courthouse.

    Farys Mill Rd, Gloucester, VA 23061
    View details
    Commercial Lot on Route 17
    $100,000
    0.62 Acres

    Commercial Lot on Route 17

    Commercial lot for sale with frontage on Route 17.

    4466 George Washington Memorial Hwy, Hayes, VA 23072
    View details
    Waterfront Lot on Horn Harbor
    $142,000
    2.00 Acres

    Waterfront Lot on Horn Harbor

    Waterfront lot with expansive views and easy Chesapeake Bay access.

    000 Horn Harbor Ave, New Point, VA 23125
    View details
    30 Acres in Gloucester, VA
    $189,000
    30.00 Acres

    30 Acres in Gloucester, VA

    30-acre property suitable for building a home or mini-farm.

    Buchanan Ln, Gloucester, VA 23061
    View details
    Waterfront Lot on Horn Harbor
    $142,000
    2.00 Acres

    Waterfront Lot on Horn Harbor

    Waterfront lot with expansive views and easy Chesapeake Bay access.

    Horn Harbor Ave, New Point, VA 23125
    View details
    Established Restaurant in Gloucester Courthouse
    $650,000
    3,926 SF

    Established Restaurant in Gloucester Courthouse

    Landmark restaurant property in Gloucester Courthouse with high visibility.

    6870 Main St, Gloucester, VA 23061
    View details
    Gloucester Acreage Near Village
    $110,000
    14.03 Acres

    Gloucester Acreage Near Village

    14+ acres in Gloucester, convenient to city, potential uses.

    Pikes Way, Gloucester, VA 23061
    View details
    Prime Commercial Land Opportunity
    $735,000
    13.60 Acres

    Prime Commercial Land Opportunity

    13.6 acres of commercial land in Gloucester, Virginia.

    13+Ac George Washington Memorial Hwy, Gloucester, VA 23061
    View details
    Gloucester Land with Mature Hardwoods
    $230,000
    17.25 Acres

    Gloucester Land with Mature Hardwoods

    17.25 acres of land with building sites.

    17+Ac T.c. Walker Rd Off Of . Rt. 629 Ln, Gloucester, VA 23061
    View details
    Gloucester, VA Wooded Lot
    $32,000
    0.47 Acres

    Gloucester, VA Wooded Lot

    Level, wooded lot near Gloucester Courthouse with many possibilities.

    George Washington Mem. Hwy, Gloucester, VA 23061
    View details
    Prime Commercial Land Opportunity
    $735,000
    13.60 Acres

    Prime Commercial Land Opportunity

    13.6 acres in the heart of Gloucester, Virginia.

    George Washington Memorial Hwy, Gloucester, VA 23061
    View details
    Residential Land Near Whitehouse Creek
    Contact for pricing
    1.27 Acres

    Residential Land Near Whitehouse Creek

    1.27 acre residential land with community boat ramp access.

    Bermuda Rd, Lancaster, VA 22503
    View details
    Commercial Lot on Rt 17
    $150,000
    1.11 Acres

    Commercial Lot on Rt 17

    Commercial lot with frontage on Rt 17, zoned B-1.

    1+Acr George Washington Memorial Hwy, Ordinary, VA 23131
    View details
    Lancaster Land with Creek Access
    Contact for pricing
    1.27 Acres

    Lancaster Land with Creek Access

    Residential land with community boat ramp access to Whitehouse Creek.

    00 Bermuda Rd, Lancaster, VA 22503
    View details
    Wicomico, VA Land For Sale
    $119,900
    1.53 Acres

    Wicomico, VA Land For Sale

    1.53 acre lot in Wicomico, build your dream home!

    Laurel Hvn Dr, Wicomico, VA 23184
    View details
    Gloucester Land with Creek Access
    $129,900
    2.59 Acres

    Gloucester Land with Creek Access

    2.59 acres near Piankatank River with community amenities.

    1.1+AC E Parkway Dr W, Gloucester, VA 23061
    View details
    Gloucester Land with Hardwood Forest
    $230,000
    17.25 Acres

    Gloucester Land with Hardwood Forest

    17.25 acres of land with mature hardwood forest.

    0000 Off T.c. Walker Rd, Gloucester, VA 23061
    View details
    Gloucester Restaurant Building For Sale
    $650,000
    3,926 SF

    Gloucester Restaurant Building For Sale

    Established restaurant property in Gloucester Courthouse with high visibility.

    6870 Main St, Gloucester, VA 23061
    View details
    Residential Land in Hayes, VA
    $110,000
    0.50 Acres

    Residential Land in Hayes, VA

    Ready-to-build lot in Gloucester Point/Hayes area.

    Cove Rd, Hayes, VA 23003
    View details
    Waterfront Lot on Horn Harbor
    $142,000
    2.00 Acres

    Waterfront Lot on Horn Harbor

    Waterfront lot with expansive views and easy Chesapeake Bay access.

    2 Acr Horn Hbr Ave, New Point, VA 23125
    View details
    Commercial Lot on Route 17
    $150,000
    1.11 Acres

    Commercial Lot on Route 17

    Commercial lot with frontage on Route 17 in Hayes, VA.

    0000 George Washington Memorial Hwy, Hayes, VA 23072
    View details
    Lancaster Land with Water Access
    Contact for pricing
    1.27 Acres

    Lancaster Land with Water Access

    1.27 acre land with community boat ramp access.

    Bermuda Rd, Lancaster, VA 22503
    View details
    Creek Frontage Land in Gloucester
    $129,900
    2.59 Acres

    Creek Frontage Land in Gloucester

    2.59 acre lot with creek frontage and community amenities.

    East West Pkwy, Gloucester, VA 23061
    View details
    Gloucester Land Opportunity
    $230,000
    17.25 Acres

    Gloucester Land Opportunity

    Acreage in prime Gloucester location near courthouse and schools.

    T.c. Walker Rd, Gloucester, VA 23061
    View details
    Commercial Lot on Rt. 17
    $100,000
    0.62 Acres

    Commercial Lot on Rt. 17

    Commercial lot for sale with frontage on Rt. 17.

    4466 George Washington Memorial Hwy, Gloucester, VA 23061
    View details
    Waterfront Acreage with Renovated Stable
    $369,000
    11.42 Acres

    Waterfront Acreage with Renovated Stable

    11.43-acre waterfront property with renovated stable/barn and fenced paddocks.

    Dancers Creek Rd, Dutton, VA 23050
    View details
    Land with Creek Access
    $129,900
    2.59 Acres

    Land with Creek Access

    2.59 acres near community amenities and river access.

    Parkway Dr W, Gloucester, VA 23061
    View details
    Gloucester Commercial Building For Sale
    $443,000
    2,596 SF

    Gloucester Commercial Building For Sale

    High-potential commercial building with B-1 zoning and strong investment opportunity.

    6267 Professional Dr, Gloucester, VA 23061
    View details
    Gloucester Land Near Courthouse
    $140,000
    23.83 Acres

    Gloucester Land Near Courthouse

    23.83 acres near Gloucester Courthouse, suitable for residential or land use.

    Fiddlers Green Rd, Gloucester, VA 23061
    View details
    Brick B-1 Commercial Building
    $443,000
    2,596 SF

    Brick B-1 Commercial Building

    Well-maintained single-level brick building with B-1 zoning, currently generating rental income and offering flexible future use options.

    6267 Professional Dr, Gloucester, VA 23061
    View details
    Gloucester, VA Wooded Lot
    $32,000
    0.46 Acres

    Gloucester, VA Wooded Lot

    Level, wooded lot near Gloucester Courthouse, shops, dining, recreation.

    George Washington Mem. Hwy, Gloucester, VA 23061
    View details
    Historic Restaurant Property For Sale
    Contact for pricing
    3,926 SF

    Historic Restaurant Property For Sale

    Established restaurant property in Gloucester Courthouse with high visibility.

    6870 Main St, Gloucester, VA 23061
    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
    NextHome Coast To Country Real Estate
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