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    12 Paynes Shop Rd Lancaster, VA 22503

    For Sale
    $435,000

    Waterfront Land - Lancaster, VA

    Type:Single Family Residence
    Lot size:
    38.00 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 12 Paynes Shop Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    A-2
    APN
    25 12
    Lot size
    38.00 Acres

    Utilities

    Water front features
    River/Creek, River/Creek, 1000+ Feet Of Waterfront

    Building Details

    Architectural style
    Other

    Lenod Charter Services INC Middle Bay Realty (804) 761-3015 [email protected]

    Listing agent Kenneth E. Kuykendall (804) 436-1150

    Listing date Jun 13, 2025

    MLS# 118941 Listing URL

    Copyright © 2025 Northern Neck Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Acreage in Lancaster, Virginia

    This is a large parcel of waterfront land located in Lancaster, Virginia. The property, zoned A-2, features over 1,000 feet of waterfrontage on Paynes Creek, which leads to the Rappahannock River. Prospective buyers should independently verify water depth and access to the Rappahannock River. The lot size encompasses 38 acres. Yankee Point Marina is located nearby, and Kilmarnock is approximately 20 minutes away. The property is suitable for agricultural use.
    Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Auto Repair Shop Food Market Grocery Store Discount Store Shopping Mall

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Virginia
    Longitude
    -76.521313
    Latitude
    37.701095

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    FAQs

    What type of property is this?
    Waterfront Property - Large waterfront land with over 1,000 feet of frontage.
    Where is this waterfront property located?
    The property is located at 12 Paynes Shop Rd Lancaster, VA.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Over 1,000 feet of waterfrontage on Paynes Creek.; - Waterfront property on Paynes Creek off the Rappahannock River.; - Large acreage.
    (804) 436-1150
    Request Owner's contact information
    12 Paynes Shop Rd Lancaster, VA 22503
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    Lancaster, VA 22503
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    Realmo Value Estimation

    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.

    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.

    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
    12 Paynes Shop Rd Lancaster, VA 22503
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