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Waterfront Lot on Myer Creek
For Sale
$325,000

116 Leachwood Road, Lancaster, VA 22503

Land, LANCASTER, VA

Property SizeContact for details
Lot Size0.86 Acres
Days on Market503

Property Features for 116 Leachwood Road

General Information

Property type Land
Property subtype Other
Zoning R 1
Subdivision Lancaster
Standard status Active
APN 26C 1 25
Lot size 0.86 Acres

Taxes and HOA fees

Tax Description LR 2008 0001789
Tax Annual Amount 1121
Legal Description LR 2008 0001789

Utilities

Utilities Water Available
Water front features Creek
Listing Agency: Bragg & Company
Listed By: Amber Walker · License #0225250449
Added: Apr 7, 2025 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 118574

Copyright © 2026 Northern Neck Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.864-acre lot offers a peaceful living environment on Myer Creek, near the Corrotoman River. The property features a wide creek view and an 82-foot dock with a minimum low water depth of 5+ feet, complete with new decking boards installed in 2024. A shallow well and existing septic system are in place, with community water also available. Located minutes from Yankee Point Marina by water, this land is suitable for building a dream home or a tiny house. There is potential to utilize the existing homesite, located within 100 feet of the water, subject to county approval.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses will fit

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Pet Store Gym & Fitness Center Travel Agency Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 22503, VA

3,997
Population
2,811
Households
1.4
Avg Household Size
57
Median Age
32%
College-Educated
87%
High-School Grad
86.7 sq mi
ZIP Area
46
Density / Sq Mi
$70,993
Median Household Income
$43,672
Median Earnings
$1,092
Median Rent
$257,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 0.864 acre lot with dock on Corrotoman River.
Where is this land located?
The property is located at 116 Leachwood Road Lancaster, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
More about this property
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