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    I-64 Louisa, VA 23093

    Sponsored
    For Sale
    $1,500,000

    Prime 15.5-Acre Commercial Tract

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,500,000 USD commercial property encompasses 15.5 acres of predominantly open land, strategically positioned with significant frontage along I-64 and Ferncliff Road in Louisa, Virginia. Its convenient location offers easy access to Route 250 (Three Notch Road), providing excellent visibility and connectivity for a wide range of commercial ventures. The property boasts substantial frontage on I-64, ensuring high traffic exposure and brand recognition. The land is zoned C2, opening up numerous development possibilities. A key advantage is the availability of fiber optics, providing high-speed internet access crucial for modern businesses. This presents a unique opportunity for developers and investors seeking a prominent location with excellent infrastructure and high visibility along a major interstate highway. The expansive acreage allows for substantial development potential, catering to a variety of commercial uses. The combination of prime location, zoning, and infrastructure makes this a highly attractive investment opportunity in a growing area. Serious inquiries are encouraged. The asking price is 1,500,000 USD.

    Property Features for I-64

    General Information

    Property type
    Other commercial real estate
    Lot Size
    675,180 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Louisa
    County
    Louisa
    State
    Virginia
    Longitude
    -78.10297
    Latitude
    37.93784

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 15.5-Acre Commercial Tract
    Where is this commercial real estate located?
    The property is located at I-64 Louisa, VA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (540) 672-1100
    Request Owner's contact information
    I-64 Louisa, VA 23093
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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
    I-64 Louisa, VA 23093
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