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    7431 Richmond Hwy. Appomattox, VA 24522

    Source: https://www.cbcworldwide.com
    For Sale
    $1,995,000

    3,290 SF Commercial Office Building For Sale

    Property size:
    3,290 SF

    Description

    Added:
    Apr 9, 2025
    Days on Market:
    243
    From Lynchburg, VA - Rt. 460 East to Appomattox. Property on left adjacent to Hardee's in Appomattox

    Located on the highly traveled Rt. 460 in Appomattox, VA, this approximate 2.3 acre parcel has 245 ft. of road frontage on Rt. 460 and is ideal for a variety of uses including redevelopment, restaurant, office, retail and medical. Features a 3,290 sq. ft. commercial office building and several outbuildings with additional square footage. Close proximity to numerous retail and office locations.

    Property Features for 7431 Richmond Hwy.

    General Information

    Property type
    Opportunity zone commercial real estate
    Square Feet
    3,290 SF
    Price / Square Foot
    $606
    Elevators
    N/A
    Lot Size
    100,188 SF

    Building Details

    Buildings
    1
    Stories
    1
    Insight Report Location Intelligence

    Current Use by Public Records

    Opportunity zone commercial ...

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Hair Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Appomattox
    State
    Virginia
    Longitude
    -78.851215
    Latitude
    37.363571

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    FAQs

    What type of property is this?
    Opportunity zone commercial real estate - 3,290 SF Commercial Office Building For Sale
    Where is this opportunity zone commercial real estate located?
    The property is located at 7431 Richmond Hwy. Appomattox, VA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    +1 4344552285 107
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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
    7431 Richmond Hwy. Appomattox, VA 24522
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