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Property profile & analytics
FOR SALE
Office buildings

7431 Richmond Hwy Appomattox, VA 24522

2.31 ac lot Built 1978
Individually Owned Free & Clear
Property ID
US87-2773418
7431 Richmond Hwy, Appomattox, VA 24522 For Sale
$1,995,000
7431 Richmond Hwy, Appomattox, VA 24522
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Property summary
AI-generated overview

This exceptional commercial property, situated on the heavily trafficked Route 460 in Appomattox, Virginia, presents a unique investment opportunity. The 2.3-acre parcel boasts an impressive 245 feet of road frontage, ensuring high visibility and accessibility for any business. The property includes a substantial 3,290 square foot commercial office building, providing ample space for immediate occupancy or redevelopment. Several additional outbuildings are also present, offering further square footage for storage, expansion, or alternative uses. The property's versatile zoning allows for a wide range of potential uses, including restaurant, office, retail, and medical facilities. Its strategic location offers close proximity to a variety of existing retail and office establishments, creating a synergistic environment for business growth. The combination of high traffic volume, substantial building space, and flexible zoning makes this property an attractive prospect for investors seeking a strong return on investment in a thriving community. The significant road frontage and ample land provide considerable potential for future expansion or redevelopment, catering to a diverse range of business needs. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Lot 2.31 ac (100,624 SF)
APN 63 A 58
UPID US87-2773418
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CLAYTON C BRYANT JR
CLAYTON C BRYANT JR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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