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    For Sale (54)

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    Parksley Waterfront Land For Sale
    $40,000
    1.08 Acres

    Parksley Waterfront Land For Sale

    1.08 acre waterfront land in gated community.

    Lewis Ln, Parksley, VA 23421
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    Land Near Yacht and Country
    $115,000
    2.03 Acres

    Land Near Yacht and Country

    Residential land near Eastern Shore Yacht and Country Club.

    lot 43 Country Club Rd, Melfa, VA 23410
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    Spacious Former Market in Jamesville
    $149,000
    2,223 SF

    Spacious Former Market in Jamesville

    Former market offering a blank canvas for various ventures.

    6026 Occohannock Neck Rd, Jamesville, VA 23398
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    Coastal Land in Gated Community
    $66,900
    4.15 Acres

    Coastal Land in Gated Community

    Build your coastal home in Seaview's waterfront community.

    Seaview St, Accomac, VA 23301
    View details
    Spacious Building Lot Near Waterways
    $79,000
    3.20 Acres

    Spacious Building Lot Near Waterways

    3.2-acre building lot near Gargatha Landing Public Boat Ramp.

    Seaside Cir, Parksley, VA 23421
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    Turnkey Dog Boarding Business
    $675,000
    1,584 SF

    Turnkey Dog Boarding Business

    Established dog boarding and daycare business for sale in Accomac.

    29636 Seaside Rd, Accomac, VA 23410
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    Historic Accomac Land Opportunity
    $88,000
    3.89 Acres

    Historic Accomac Land Opportunity

    3.89-acre lot in historic Accomac, Virginia with antiquities.

    23514 Front St, Accomac, VA 23301
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    Downtown Onancock Mixed-Use Opportunity
    $495,000
    0.14 Acres

    Downtown Onancock Mixed-Use Opportunity

    6,000 sq ft commercial and residential opportunity in Onancock.

    59 Market St, Onancock, VA 23417
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    Commercial Land Near Cape Charles
    $180,000
    1.20 Acres

    Commercial Land Near Cape Charles

    1.202 acre commercial site near Cape Charles, Virginia.

    Lankford Hwy, Cape Charles, VA 23310
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    Acre Lot Near Highway 13
    $30,000
    1.00 Acre

    Acre Lot Near Highway 13

    Level one-acre lot suitable for residence or small farmette.

    Lot Sherwood Dr, Bloxom, VA 23308
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    Onancock Land with Community Dock
    $44,000
    13.25 Acres

    Onancock Land with Community Dock

    13+ acres near Onancock with community dock and boat slip.

    Wise Pt Ln, Onancock, VA 23417
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    Residential Lot Near Community Beach
    $99,000
    0.18 Acres

    Residential Lot Near Community Beach

    Residential lot with community amenities and easy beach access.

    Lake Point Ct, Cape Charles, VA 23310
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    Residential Land Near Water Access
    $33,000
    0.50 Acres

    Residential Land Near Water Access

    Residential lot near boat ramp, dock, private beach, and pool.

    Mallard Ln, Machipongo, VA 23405
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    Quinby, VA Waterfront Land
    $42,500
    1.00 Acre

    Quinby, VA Waterfront Land

    One-acre parcel with utilities in Machipongo Shores.

    lot 1 Pefley Dr, Quinby, VA 23423
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    Waterfront Land in Hacksneck, Virginia
    $95,000
    1.70 Acres

    Waterfront Land in Hacksneck, Virginia

    1.7 acre waterfront lot perfect for canoeing and kayaking.

    Back Creek Rd, Hacks Neck, VA 23358
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    Residential Land in Clearview Community
    $49,500
    2.30 Acres

    Residential Land in Clearview Community

    2.3-acre parcel in established Exmore neighborhood, ideal for building.

    6 Clearview Rd, Exmore, VA 23310
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    Flat Building Lot in Melfa
    Contact for pricing
    0.37 Acres

    Flat Building Lot in Melfa

    Residential building lot in a convenient Eastern Shore location.

    Main St, Melfa, VA 23410
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    Cleared Lot Near Private Beach
    $42,000
    0.90 Acres

    Cleared Lot Near Private Beach

    Residential lot near beach, pool, and boat ramp.

    Swan Ln, Machipongo, VA 23405
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    Melfa, VA Land Opportunity
    $44,000
    0.74 Acres

    Melfa, VA Land Opportunity

    Residential lot near ES Yacht & Country Club.

    Yeo Neck Run, Melfa, VA 23410
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    Mixed-Use Property with Acreage
    $325,000
    6,352 SF

    Mixed-Use Property with Acreage

    Versatile commercial property with residential potential on 4+ acres.

    34446 Lankford Hwy, Painter, VA 23420
    View details
    Horntown, VA Wooded Homesite
    $67,900
    3.42 Acres

    Horntown, VA Wooded Homesite

    3.42+/- acre homesite in gated Corbin Hall community.

    Scarburgh Ln, Horntown, VA 23395
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    Waterfront Land on Occohannock Creek
    $239,500
    3.90 Acres

    Waterfront Land on Occohannock Creek

    3.9-acre waterfront property ideal for building a dream home.

    11/12 Old Neck Rd, Exmore, VA 23350
    View details
    Bayside Land Ready to Build
    Contact for pricing
    1.79 Acres

    Bayside Land Ready to Build

    Cleared lots near town, ready for your dream home.

    lot 1&2 Barn Woods Rd, Onancock, VA 23417
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    5 Acre Lot with Boat Slip
    $85,000
    5.00 Acres

    5 Acre Lot with Boat Slip

    5-acre lot in Seaview community with boat slip included.

    84 Seaview Ct, Accomac, VA 23301
    View details
    Melfa Multi-Unit Investment Property
    $325,000
    2,860 SF

    Melfa Multi-Unit Investment Property

    Well-maintained three-unit property in Melfa, tenant-occupied, ideal income opportunity.

    19385 Main St, Melfa, VA 23410
    View details
    5.75 Acres on Lankford Highway
    $79,000
    5.75 Acres

    5.75 Acres on Lankford Highway

    5.75-acre property zoned Agricultural, offering flexibility for various uses.

    5.75 Ac Lankford Hwy, Parksley, VA 23417
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    Seaside Marina in Wachapreague, VA
    $999,000
    3,000 SF

    Seaside Marina in Wachapreague, VA

    Marina with boat slips, ramp, and commercial space.

    15 Atlantic Ave, Wachapreague, VA 23480
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    Residential Land in Painter, VA
    $55,000
    1.20 Acres

    Residential Land in Painter, VA

    1.2 acre residential land near shopping, dining, and medical services.

    Argenti Pl, Painter, VA 23420
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    Nassawadox Mixed-Use Property For Sale
    $549,900
    2,640 SF

    Nassawadox Mixed-Use Property For Sale

    Mixed-use property with home, store, and barn on 1.3 acres.

    9333 Red Bank Rd, Nassawadox, VA 23413
    View details
    Commercial Corner Site in Onley
    $695,000
    2.25 Acres

    Commercial Corner Site in Onley

    Commercial corner site in the heart of the Eastern Shore.

    25576 Lankford Hwy, Onley, VA 23418
    View details
    Income-Producing Property in Historic Onancock
    $435,000
    2,616 SF

    Income-Producing Property in Historic Onancock

    Versatile property in Onancock with income-producing potential and spacious backyard.

    26 North St, Onancock, VA 23417
    View details
    9-Acre Wooded Retreat
    $82,000
    9.00 Acres

    9-Acre Wooded Retreat

    Private recreational land near Guards Shore Beach.

    15001 Winterville Rd, Bloxom, VA 23308
    View details
    Waterfront Land in Vaucluse Shores
    $179,999
    1.39 Acres

    Waterfront Land in Vaucluse Shores

    Two lots to build a coastal retreat with water frontage.

    208/209 Blue Fish Ln, Machipongo, VA 23405
    View details
    Waterfront Land in Wachapreague, VA
    $259,000
    27.54 Acres

    Waterfront Land in Wachapreague, VA

    24.57-acre waterfront property, nature lover's dream, build your home.

    Bunting Pt Rd, Wachapreague, VA 23480
    View details
    Versatile Commercial Property in Exmore
    $199,000
    17,878 SF

    Versatile Commercial Property in Exmore

    15,000+ sqft warehouse with office space and loading docks.

    3367 Broad St, Exmore, VA 23350
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    Residential Lot in Vaucluse Shores
    $39,000
    0.86 Acres

    Residential Lot in Vaucluse Shores

    Partially wooded lot with community amenities in Machipongo, VA.

    Swan Ln, Machipongo, VA 23405
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    Residential Waterfront Homesite Land
    $59,000
    3.04 Acres

    Residential Waterfront Homesite Land

    3.0-acre homesite in a gated seaside community with waterviews and access to a community dock.

    22 Seaview St, Accomac, VA 23301
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    Waterfront Lot in Onancock, VA
    $61,900
    3.39 Acres

    Waterfront Lot in Onancock, VA

    3.39 acre waterfront lot in a private community.

    Holly Cove Rd, Onancock, VA 23417
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    Waterfront Land Near Onancock, VA
    $170,000
    12.00 Acres

    Waterfront Land Near Onancock, VA

    12 acres of waterfront land near Onancock, Virginia.

    3 4, Onancock, VA 23417
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    Wooded Lot in Nandua Bay
    $30,000
    3.00 Acres

    Wooded Lot in Nandua Bay

    Wooded lot with community dock and ramp access.

    Piney Ln, Painter, VA 23420
    View details
    Exmore Commercial Building on Main
    $99,900
    2,015 SF

    Exmore Commercial Building on Main

    2,015 sq ft commercial building in downtown Exmore, VA.

    3270 Main St, Exmore, VA 23350
    View details
    Acre Lot in Gated Community
    $65,000
    1.05 Acres

    Acre Lot in Gated Community

    One-acre lot in a gated seaside community with pond view.

    Crippen View Way, Parksley, VA 23421
    View details
    Seaside Acreage in Locustville, VA
    $698,000
    25.03 Acres

    Seaside Acreage in Locustville, VA

    Waterfront land with acreage, suitable for building.

    lot 1-6&A Lt 1-6&A Bellevue Cir, Locustville, VA 23404
    View details
    Melfa, VA Homesite Opportunity
    $35,000
    0.59 Acres

    Melfa, VA Homesite Opportunity

    Homesite near Eastern Shore Yacht & Country Club.

    45 Country Club Rd, Melfa, VA 23410
    View details
    Corner Lot on Golf Course
    $169,500
    0.31 Acres

    Corner Lot on Golf Course

    Large, private corner lot near beach and life center.

    100 Golden Bear Cir, Cape Charles, VA 23310
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    Residential Lot Near Golf Course
    $49,000
    0.45 Acres

    Residential Lot Near Golf Course

    Residential lot in established community, close to amenities and golf.

    Harbor Rd, Melfa, VA 23410
    View details
    Commercial Property with Highway Visibility
    $110,000
    1,232 SF

    Commercial Property with Highway Visibility

    Commercial property with excellent visibility and endless potential.

    33212 Lankford Hwy, Painter, VA 23420
    View details
    5.2 Acres Wooded Lot
    $125,000
    5.21 Acres

    5.2 Acres Wooded Lot

    Serene wooded lot near Taylor Creek, build your dream home.

    Tract B Taylor Crk Dr, Pungoteague, VA 23422
    View details
    21+ Acre Wooded Lot
    $145,000
    21.89 Acres

    21+ Acre Wooded Lot

    21+ acre wooded lot perfect for recreation and building.

    Metompkin Rd, Parksley, VA 23421
    View details
    Waterfront Land on Occohannock Creek
    $89,500
    5.85 Acres

    Waterfront Land on Occohannock Creek

    Wooded waterfront lot on Occohannock Creek in Belle Haven.

    Terrapin Sta Rd, Belle Haven, VA 23306
    View details
    Residential Land in Captains Cove
    Contact for pricing
    0.24 Acres

    Residential Land in Captains Cove

    Cleared homesite with community amenities and golf course views.

    Navigator Dr, Greenbackville, VA 23356
    View details
    Former Restaurant with Bar
    $399,000
    4,530 SF

    Former Restaurant with Bar

    Restaurant with bar, highway visibility, and large parking lot.

    29106 Lankford Hwy, Melfa, VA 23410
    View details
    Onancock Commercial Investment Opportunity
    $1,250,000
    24,222 SF

    Onancock Commercial Investment Opportunity

    Prime commercial property with five rental spaces and ample parking.

    165 Market St, Onancock, VA 23417
    View details
    Wooded Building Lot For Sale
    Contact for pricing
    0.63 Acres

    Wooded Building Lot For Sale

    Wooded 0.63 acre building lot, priced to sell.

    Hall St, Bloxom, VA 23308
    View details

    For Lease (2)

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    Onancock Commercial Space for Lease
    $800 / Mo
    1,100 SF

    Onancock Commercial Space for Lease

    Open commercial space with natural light, available for immediate lease.

    42 A King St, Onancock, VA 23417
    View details
    Prime Office Space in Onancock
    $1,952 / Mo
    3,000 SF

    Prime Office Space in Onancock

    3000 SF office space in the heart of Onancock.

    165 Market St, Onancock, VA 23417
    View details

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    Weichert, Realtors Mason-Davis
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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
    Weichert, Realtors Mason-Davis
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