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    Adelaide St Parksley, VA 23421

    Sponsored
    For Sale
    $400,000

    Land - PARKSLEY, VA

    Lot size:
    4.50 Acres
    Days on Market:
    140
    Last Refresh:
    Jan 8 at 10:06 am

    Property Features for Adelaide St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    4.50 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Harbour Realty (757) 787-1305 [email protected]

    Listing agent BRITTANY BUNDICK (757) 787-1305

    Listing date Aug 22, 2025

    MLS# 65019 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

    Parksley Land Development Opportunity

    This 4.5-acre property, comprised of eighteen parcels, presents a unique investment and development opportunity in the Victorian Town of Parksley, Virginia. Formerly the site of the Parksley Middle School, the land is conveniently located near the park, the new Eastern Shore Public Library, and downtown commercial shops and restaurants. The property is suitable for multiple new homes, townhomes, or low-income housing. Public water hookup is available, and HRSD sewer access is a possibility in the future. The location is approximately 10 minutes from Riverside Shore Memorial Hospital and 25 minutes from Wallops Island.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Parksley
    County
    Accomack
    State
    Virginia
    Longitude
    -75.6529166
    Latitude
    37.7851206

    Nearby Similar for Sale

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    • New
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      Eastern Shore Farmhouse with Updates

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      Parksley Specialty Property For Sale

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    FAQs

    What type of property is this?
    Land - 18-parcel property ideal for residential development in Parksley, Virginia.
    Where is this land located?
    The property is located at Adelaide St Parksley, VA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Eighteen (18) parcel property - suitable for development.; - Prime location in the Victorian Town of Parksley, near amenities.; - Potential for various housing types (new homes, townhomes, low-income housing).
    (757) 787-1305
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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
    Adelaide St Parksley, VA 23421
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