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    51 Lankford Hwy New Church, VA 23415

    Sponsored
    For Sale
    $3,000,000

    Commercial - NEW CHURCH, VA

    Days on Market:
    303
    Last Refresh:
    Jan 10 at 2:06 pm

    Property Features for 51 Lankford Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Other-see Remarks

    Building Details

    Architectural style
    Other

    DOCKSIDE PROPERTIES (757) 336-3200

    Listing agent Robert Faith, ABR (757) 336-3200

    Listing date Mar 14, 2025

    MLS# 52041 Listing URL

    Copyright © 2026 Eastern Shore 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

    53 Acres Commercial Land Opportunity

    This is a 53-acre tract of land located just past the Virginia Welcome Center when heading south into Virginia. It presents an opportunity for investors seeking a large parcel. The location offers customer potential as it could be one of the first business locations entering Virginia, or one of the last before leaving Virginia when headed north. The land is suitable for a shopping center or other commercial use. It could also be subdivided into a residential area, offering lots of potential. Seller may consider owner financing with negotiable terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Parts Store Food Market HVAC Service Car Rental Grocery Store Pawn Shop Wine and Liquor Store Smoke and Vape Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    New Church
    County
    Accomack
    State
    Virginia
    Longitude
    -75.540204
    Latitude
    37.999306

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    FAQs

    What type of property is this?
    Commercial land - Large tract of land suitable for commercial or residential development.
    Where is this commercial land located?
    The property is located at 51 Lankford Hwy New Church, VA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Over 53 acres of land suitable for commercial or residential development.; - Prime location near the Virginia Welcome Center, offering high visibility.; - Potential for use as a shopping center or subdivision.
    (757) 894-1479
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    51 Lankford Hwy New Church, VA 23415
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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
    51 Lankford Hwy New Church, VA 23415
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