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    1605 3Rd St Farmville, VA 23901

    For Sale
    $289,000

    Prime location, 1,053 sq ft office/retail space.

    Property size:
    1,053 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 1,053 square foot commercial building presents a fantastic opportunity for businesses seeking a high-visibility location in Farmville, Virginia. Situated on a four-lane main city road, this brick structure boasts excellent street frontage, ensuring maximum exposure to potential customers. The property includes a convenient paved parking lot, providing ample space for clients and employees. Inside, the versatile layout is suitable for a variety of uses, including office, professional services, or retail operations. The building is connected to town water and sewer, offering reliable and efficient utilities. A significant advantage is its location within the Enterprise Zone, potentially offering various economic incentives and benefits for qualifying businesses. This property is ready for immediate occupancy and represents a compelling investment in a thriving community. The building's solid construction and prime location make it an ideal choice for entrepreneurs and established businesses alike. Don't miss this chance to establish or expand your business in a highly visible and convenient location. Serious inquiries are encouraged.

    Property Features for 1605 3Rd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,053 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmville Cash & Carry Grocery Store Bula Fiji Mart Convenience Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.4157
    Latitude
    37.30628

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, 1,053 sq ft office/retail space.
    Where is this commercial real estate located?
    The property is located at 1605 3Rd St Farmville, VA.
    What is the asking price?
    The asking price for this property is $289,000.
    (434) 392-6163
    Request Owner's contact information
    1605 3Rd St Farmville, VA 23901
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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
    1605 3Rd St Farmville, VA 23901
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