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    15Th Ave Hopewell, VA 23860

    For Sale
    $34,500

    Prime Hopewell commercial land, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.2-acre commercial/industrial lot presents a remarkable opportunity for investors and developers in the thriving Hopewell, VA market. Located at 0 S 15 Avenue, this property offers significant potential for a variety of uses, given its convenient location and generous size. The lot's 0.198-acre footprint provides ample space for constructing a new building or expanding an existing operation. Its classification as commercial/industrial suggests flexibility in permitted uses, making it suitable for a range of businesses. The asking price of $34,500 represents a compelling investment opportunity in a growing area. Serious inquiries are encouraged to explore the possibilities this property offers. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations and permitted uses before making an offer. This property is being offered as-is, where-is. The absence of a listed square footage indicates the land is primarily intended for development. This presents a blank canvas for a visionary project in a strategic location within Hopewell. Don't miss this chance to acquire a valuable piece of commercial real estate in a dynamic market.

    Property Features for 15Th Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hopewell
    County
    Hopewell
    State
    Virginia
    Longitude
    -77.29955
    Latitude
    37.29949

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hopewell commercial land, ideal for development.
    Where is this commercial real estate located?
    The property is located at 15Th Ave Hopewell, VA.
    What is the asking price?
    The asking price for this property is $34,500.
    (804) 748-0177
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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
    15Th Ave Hopewell, VA 23860
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