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    848 Freestate Rd Meherrin, VA 23954

    For Sale
    $399,000

    Retail,Restaurant - Meherrin, VA

    Property size:
    2,032 SF
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 848 Freestate Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    Parking features
    Off Street, Parking Lot
    Size
    2,032 SF

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Block, Other
    Architectural style
    Other

    Lee Simmons Signature Realty

    Listing agent Lee Simmons (434) 298-6646

    Listing date Oct 1, 2025

    MLS# 57347 Listing URL

    Copyright © 2025 South Central 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

    Versatile Commercial Property with Amenities

    This 3.72-acre commercial property is located on a busy thoroughfare with entrances on both Route 360 and Free State Road. The property is fully fenced and secured, offering potential for various business ventures. Over 5,100 cars pass by daily, according to VDOT. The property includes a 1,450-square-foot commercial kitchen suitable for food preparation, catering, or mobile food operations. Additionally, there is a 2,400-square-foot pavilion with a metal roof and outdoor seating, suitable for events, markets, or dining. A 575-square-foot store with roll-up open-air garage doors is also present, which is suitable for retail, a farm stand, a coffee shop, or pop-up events. The property, located in Meherrin, VA, has zoning designation R-1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fun Guy Market Restaurant

    Suggested Use

    Restaurant Auto Repair Shop Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Meherrin
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.3574315
    Latitude
    37.105176

    Nearby Similar for Sale

    • New
      $279,900

      Fenced Acreage with Barn and Home

      10.24 acres with fenced pasture, barn, and two-story home.
      733 Campbell Ave, Meherrin, VA 23954
      View Details

    FAQs

    What type of property is this?
    Restaurant - 3.72-acre commercial property with high visibility and flexible use.
    Where is this restaurant located?
    The property is located at 848 Freestate Rd Meherrin, VA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - High-visibility location on Route 360 and Free State Road with entrances on both roads.; - Large 3.72-acre, fully fenced and secure parcel with ample parking.; - Fully equipped 1,450 sq. ft. commercial/restaurant commissary kitchen ready for food prep.
    (434) 298-6646
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    Meherrin, VA 23954
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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
    848 Freestate Rd Meherrin, VA 23954
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