Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land in Eastville, VA Title is generated by Realmo AI

    CAPTAIN HOWE LN lot A, Eastville, VA 23347

    View on Map
    Claim this Listing
    For Sale
    $249,900

    LAND - EASTVILLE, VA

    Lot size:
    10.86 Acres
    Added:
    Nov 14, 2025
    Days on Market:
    203
    Last Refresh:
    Jun 5 at 1:06 pm

    Property Features for CAPTAIN HOWE LN lot A

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    68B-2-A
    Lot size
    10.86 Acres

    We can help!

    Listing Contact
    Hill Real Estate Group, LLC

    Listing agent Hill Real Estate Group, LLC

    Listing office COLDWELL BANKER HARBOUR REALTY 40 Market Street, Suite A, Accomac, VA

    Listing date Nov 14, 2025

    MLS# 65490 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.

    HighLights

    • 10.86‑acre parcel with potential for commercial or real estate development.
    • Located directly on the highway, offering high visibility and easy access.
    • Flat, open land suitable for commercial, residential, or agricultural uses.
    • Prime opportunity for developers or investors in a growing area.
    • Potential for businesses, retail, or mixed‑use projects.
    • Located in Eastville, VA.

    Overview

    This 10.86-acre parcel located on Captain Howe Lane in Eastville, VA, presents significant potential for commercial or real estate development. Situated directly on the highway, the property benefits from high visibility and convenient access, making it suitable for businesses, retail ventures, or mixed-use projects. The flat, open land offers flexibility for various uses, including commercial, residential, or agricultural purposes. Given Eastville's increasing attractiveness, this property represents a prime opportunity for developers and investors. It is suitable for building a commercial hub or planning residential units. This property offers limitless possibilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Eastville
    County
    Northampton
    State
    Virginia
    Longitude
    -75.957319
    Latitude
    37.332161

    Nearby Similar for Sale

    • $315,000

      89 Acres of Woodland in Eastville

      89 acres of mature woodland near historic Eastville, Virginia.
      SAVAGE NECK RD lot: 5, EASTVILLE, VA 23347
      View Details
    • $340,000

      Land For Sale, Eastville, VA

      3.9 acres of commercial land for sale in Eastville.
      3.9ACS KYLE Lane, Eastville, VA 23347
      View Details
    • $3,950,000

      Oceanside Waterfront Farm & Forest

      713-acre waterfront farm with extensive shoreline and development potential.
      20 OYSTER RUN LANE lot: 2-21, EASTVILLE, VA 23451
      View Details
    • $65,000

      Land For Sale, Eastville, VA

      Vacant land available in Eastville, Northampton County, Virginia.
      KYLE Lane lot: F5, Eastville, VA 23347
      View Details
    • $65,000

      Eastville, VA Land For Sale

      0.715 acre commercial land available in Eastville, Virginia.
      Kyle Lane lot: C1, Eastville, VA 23347
      View Details
    • $65,000

      Eastville, VA Land For Sale

      0.855 acre commercial land for sale in Eastville, VA.
      KYLE Lane lot: F7, Eastville, VA 23347
      View Details
    • $65,000

      Eastville, VA Land For Sale

      Commercial land available in Eastville, Northampton County, Virginia.
      Kyle Lane lot: F1, Eastville, VA 23347
      View Details
    • $65,000

      Land For Sale, Eastville, VA

      Commercial land available in Eastville, Northampton County, Virginia.
      KYLE Lane lot: C3, Eastville, VA 23347
      View Details
    • $65,000

      Eastville, VA Land For Sale

      0.527 acre commercial land available in Eastville, Virginia.
      Kyle Lane lot: C5, Eastville, VA 23347
      View Details
    • $299,000

      Waterfront Land Overlooking Chesapeake Bay

      Large waterfront lot with pond and Chesapeake Bay views.
      BARLOW CREEK LN. lot: 6, EASTVILLE, VA 23347
      View Details
    • $49,500

      Residential Land in Bay Harbour

      1.59-acre wooded lot in Bay Harbour Club neighborhood.
      HARBOUR LN lot: 3A, EASTVILLE, VA 23347
      View Details
    • $335,000

      Waterfront Land in Eastville, VA

      1.91-acre waterfront land perfect for building your dream home.
      BARLOW CREEK LN. lot: Nr, EASTVILLE, VA 23347
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10.86-acre parcel with high visibility, ideal for development.
    Where is this commercial land located?
    The property is located at CAPTAIN HOWE LN lot A Eastville, VA.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: 10.86‑acre parcel with potential for commercial or real estate development.; Located directly on the highway, **offering high visibility and easy access.**; Flat, open land suitable for commercial, residential, or agricultural uses.
    (757) 607-6873
    We can help!
    Listing Contact
    Hill Real Estate Group, LLC
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    CAPTAIN HOWE LN lot: A, EASTVILLE, VA 23347
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!