Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    C-1 Ivy Ridge Ln Fishersville, VA 22939

    Sponsored
    For Sale
    $699,900

    Commercial - FISHERSVILLE, VA

    Lot size:
    1.30 Acres
    Days on Market:
    257
    Last Refresh:
    Feb 7 at 3:06 pm

    Property Features for C-1 Ivy Ridge Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GB General Business
    Lot size
    1.30 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    HANNAH SHIELDS WOOD

    AUGUSTA REALTY GROUP (540) 943-4500

    Listing agent HANNAH SHIELDS WOOD (540) 943-4500

    Listing date May 27, 2025

    MLS# 643385 Listing URL

    Copyright © 2026 Greater Augusta 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.

    Learn more

    Property Insight Report

    Overview

    Fishersville Commercial Land For Sale

    This 1.3-acre commercial land is available for sale in Fishersville, Virginia. Zoned for general business, the corner lot is situated off Tinkling Spring Road (Route 608) at the corner of Tinkling Spring Road and Ivy Ridge Lane, making it ready for development. The property is located across the street from the newly constructed Amazon facility and is down the road from Sheetz and the newly built 7-11. It is also in close proximity to Augusta Health and conveniently located near the Interstate 81 and 64 interchange (Exit 91). The property can be purchased with adjoining property Lot M-12.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon Dental Office Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fishersville
    County
    Augusta
    State
    Virginia
    Longitude
    -78.9941709
    Latitude
    38.0773885

    Nearby Similar for Sale

    • $499,900
      5,614 SF

      Commercial Building in Prime Location

      Commercial property with warehouse and potential for multiple units.
      35 Tinkling Spring Rd, Fishersville, VA 22939
      View Details
    • $499,900
      5,610 SF

      Commercial Property in Prime Location

      Commercial property with warehouse and potential for multiple units.
      35 Tinkling Spring Rd, Fishersville, VA 22939
      View Details
    • $549,900
      2,150 SF

      Versatile Commercial Space in Fishersville

      2,150 sq ft commercial space ideal for various businesses.
      1425 Jefferson Hwy, Fishersville, VA 22939
      View Details
    • $375,000

      Remodeled Townhome Community in Fishersville

      Twelve-unit townhome community, fully remodeled, convenient location, move-in ready.
      30 New Brunswick Rd, Fishersville, VA 22939
      View Details
    • $580,000
      6,724 SF

      Fishersville Mixed-Use Investment

      6,724 SF, Two Buildings, High Potential
      35 Tinkling Spring Rd, Fishersville, VA 22939
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in growing Fishersville area, ready for development.
    Where is this commercial land located?
    The property is located at C-1 Ivy Ridge Ln Fishersville, VA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Prime location in a high-growth area of Fishersville.; - Zoned general business, ready for development.; - Corner lot with **high visibility** on Tinkling Spring Road and Ivy Ridge Lane.
    (540) 649-0376
    Request Owner's contact information
    C-1 Ivy Ridge Ln Fishersville, VA 22939
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    C-1 Ivy Ridge Ln
    Fishersville, VA 22939
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    C-1 Ivy Ridge Ln Fishersville, VA 22939
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    HANNAH SHIELDS WOOD
    (540) 649-0376
    Learn more
    Google sign-in failed. Please try again or use another login method.