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    1 Wards Rd Rustburg, VA 24588

    For Sale
    $589,900

    Prime 2.43-acre lot, ideal for business development. High visibility location.

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2.43-acre commercial lot presents a unique investment opportunity in Rustburg, Virginia. Located at 1 Wards Rd, this property boasts a highly desirable B-GC zoning classification, opening doors to a wide array of business ventures. Its strategic placement offers unparalleled visibility and accessibility, situated just one mile from a bustling section of Wards Road, home to numerous established retail businesses and restaurants. The high traffic volume in this area ensures significant exposure for any new development. Adding to its appeal, a Dollar General store is conveniently located directly adjacent to the property, further enhancing its commercial viability. The property's proximity to Liberty University, just three miles away, provides access to a substantial student population and associated community. This prime location, combined with its generous size and favorable zoning, makes this lot an exceptional opportunity for entrepreneurs and investors seeking a thriving commercial space. The 1 square foot building is not habitable and is to be demolished. The land is the primary asset. Serious inquiries only.

    Property Features for 1 Wards Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1 SF
    Lot Size
    105,851 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Department Store Discount Store Bakery Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Rustburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.17933
    Latitude
    37.3065

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.43-acre lot, ideal for business development. High visibility location.
    Where is this commercial real estate located?
    The property is located at 1 Wards Rd Rustburg, VA.
    What is the asking price?
    The asking price for this property is $589,900.
    (434) 849-8597
    Request Owner's contact information
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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
    1 Wards Rd Rustburg, VA 24588
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