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    2077 Richmond Cv Stafford, VA 22554

    Sponsored
    For Sale
    $1,000,000

    Rare Courthouse Redevelopment Opportunity

    Property size:
    1,215 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 1,215 square foot property, situated on a 1.23-acre lot at 2077 Richmond in Stafford, Virginia, presents a unique investment opportunity within the rapidly developing Stafford County Courthouse Redevelopment area. Priced at $1,000,000, this "as-is, where-is" offering provides significant potential for future growth and development. The property's location benefits from the ongoing and planned improvements to Route 1, a major connecting highway, promising increased accessibility and enhanced visibility. The surrounding area is experiencing substantial revitalization, creating a dynamic environment ripe for investment. This presents a chance to capitalize on the significant infrastructure upgrades and the overall positive trajectory of the Stafford County Courthouse Redevelopment project. Note that the seller will not be responsible for the removal of any personal property currently on the site. This property is being sold in its current condition, without any warranties or guarantees. Serious inquiries only. This is a rare chance to acquire a piece of Stafford County's burgeoning future. The substantial lot size offers flexibility for various development possibilities, making this an attractive proposition for discerning investors seeking a high-return opportunity in a prime location. The property's proximity to the courthouse and the planned improvements to Route 1 make it an ideal location for a variety of commercial ventures.

    Property Features for 2077 Richmond Cv

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,215 SF
    Lot Size
    53,579 SF

    Building Details

    Year Built
    1942
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Stafford
    County
    Stafford
    State
    Virginia
    Longitude
    -77.4093
    Latitude
    38.42022

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    FAQs

    What type of property is this?
    Commercial real estate - Rare Courthouse Redevelopment Opportunity
    Where is this commercial real estate located?
    The property is located at 2077 Richmond Cv Stafford, VA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (540) 659-2192
    Request Owner's contact information
    2077 Richmond Cv Stafford, VA 22554
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    Stafford, VA 22554
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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
    2077 Richmond Cv Stafford, VA 22554
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