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    230 Kelly Ln Farmville, VA 23901

    Pending
    For Sale
    $12,300,000

    Land - FARMVILLE, VA

    Property size:
    6,341 SF
    Lot size:
    280.36 Acres
    Days on Market:
    207
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 230 Kelly Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    C-1 Commercial
    APN
    039 A 3
    Size
    6,341 SF
    Lot size
    280.36 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Flooring type
    Wood
    Building materials
    Frame
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Cottonwood Commercial LLC (540) 434-9922

    Listing agent Keith May (540) 434-9922 License #0225049582

    Listing date May 13, 2025

    MLS# 652263 Listing URL

    Copyright © 2025 Harrisonburg-Rockingham 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

    Virginia Data Center Land

    This expansive property, situated within the HEARTLAND INNOVATIVE TECHNOLOGY PARK in Virginia, presents a robust data center site. The site spans over 280 acres, offering expansion possibilities and a potential build-out of over 1.3 million square feet. Zoned C1, data centers are permitted by right, eliminating constraints and high costs. Dominion Energy provides 230kV and 115kV electrical transmission on-site with large-scale capacity. Low data center electric rates are available with qualifying economic development incentives. Open access fiber with MBC and diverse fiber paths, as well as dark fiber connections to primary backbone networks, are in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Pharmacy Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.3508864
    Latitude
    37.2941415

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    FAQs

    What type of property is this?
    Commercial land - 280+ acre data center site in Farmville, Virginia.
    Where is this commercial land located?
    The property is located at 230 Kelly Ln Farmville, VA.
    What is the asking price?
    The asking price for this property is $12,300,000.
    What are key features of this property?
    This property features: - By-right zoning for data centers (C1) eliminates zoning hurdles and delays.; - On-site Dominion Energy 230kV & 115kV electrical transmission with large-scale capacity ensures reliable power.; - 280+ acres with expansion possibilities allows for significant future growth.
    (540) 434-9922
    Request Owner's contact information
    230 Kelly Ln Farmville, VA 23901
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    Farmville, VA 23901
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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
    230 Kelly Ln Farmville, VA 23901
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