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    193 Mclendon Dr Farmville, VA 23901

    For Sale
    $799,000

    Spacious 11,808 sq ft event space on 5.78 acres.

    Property size:
    11,808 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional multi-purpose property, located at 193 McLendon Drive just outside Farmville, VA, presents a unique investment opportunity. Boasting a substantial 11,808 square feet of indoor space, this venue is ideally suited for a wide range of uses. The interior features a fully equipped commercial kitchen, perfect for catering large events or establishing a restaurant. Multiple seating areas, a dedicated bar, and several private rooms offer flexibility for various configurations. A spacious dance floor and DJ booth cater to events requiring entertainment. Four restrooms ensure ample convenience for guests. The property's extensive outdoor area, encompassing over 5.78 acres, includes a paved parking lot with lighting and an entry gate, ensuring easy access and ample space for vehicles. A dedicated booth further enhances the entry experience. Beyond the parking, the expansive grounds boast an outdoor ball field and stage, providing additional space for outdoor events and activities. This combination of indoor and outdoor space offers limitless possibilities for hosting events of all sizes and types, from weddings and corporate gatherings to sporting events and community festivals. The property's location just outside Farmville town limits offers a blend of accessibility and a tranquil setting. This is a rare opportunity to acquire a versatile and well-equipped property with significant potential.

    Property Features for 193 Mclendon Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,808 SF
    Lot Size
    251,777 SF

    Building Details

    Year Built
    2002
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Fever's Restaurant Bar & Grill

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.39436
    Latitude
    37.26603

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious 11,808 sq ft event space on 5.78 acres.
    Where is this commercial real estate located?
    The property is located at 193 Mclendon Dr Farmville, VA.
    What is the asking price?
    The asking price for this property is $799,000.
    (434) 237-3777
    Request Owner's contact information
    193 Mclendon Dr Farmville, VA 23901
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    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
    193 Mclendon Dr Farmville, VA 23901
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