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    Colonial Hwy Rustburg, VA 24588

    For Sale
    $299,000

    Commercial - Rustburg, VA

    Lot size:
    1.13 Acres
    Days on Market:
    444
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for Colonial Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    32D-5-1
    Lot size
    1.13 Acres

    Building Details

    Architectural style
    Other

    Watts Auction Realty Appraisals, Inc (434) 821-5263 [email protected]

    Listing agent Charlie A Watts II (434) 821-5263 License #0225086405

    Listing date Sep 24, 2024

    MLS# 354826 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Growing Area

    This 1.127-acre commercial land is located in Rustburg, Virginia. The site is ready for development with water and sewer utilities available. It is located within an up-and-coming housing development. The property is suitable for various business ventures, including a coffee shop, restaurant, or office building. The owner is open to selling the lot as-is or offering a build-to-suit option.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rustburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.179325
    Latitude
    37.255405

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    FAQs

    What type of property is this?
    Commercial land - Site-ready commercial land with utilities available in Rustburg, Virginia.
    Where is this commercial land located?
    The property is located at Colonial Hwy Rustburg, VA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Site ready lot with water and sewer available; - Opportunity to start a business in an up and coming housing development; - Owner will sell the lot or build to suit
    (434) 821-5263
    Request Owner's contact information
    Colonial Hwy Rustburg, VA 24588
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    Rustburg, VA 24588
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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
    Colonial Hwy Rustburg, VA 24588
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