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    8705 Wards Rd, Unit Rustburg Rustburg, VA 24588

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    For Sale
    $250,000

    1.23 acre commercial land parcel on highly traveled Route 29.

    Property size:
    1 SF

    Property Features for 8705 Wards Rd

    General Information

    Size
    1 SF

    Building Details

    Year built
    1960
    Source: Cbcworldwide

    Listing Agent: Luke Dykeman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Route 29

    This approximately 1.23-acre parcel is situated on Route 29 in Rustburg, Virginia, a high-traffic location near various businesses. It is zoned B-GC (Business General Commercial), making it suitable for uses such as a restaurant, office, retail space, or medical facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Storage Facility Convenience Store Pawn Shop Veterinary Clinic Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rustburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.1866533
    Latitude
    37.2503355

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    FAQs

    What type of property is this?
    Commercial land - 1.23 acre commercial land parcel on highly traveled Route 29.
    Where is this commercial land located?
    The property is located at 8705 Wards Rd, Unit Rustburg Rustburg, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Highly visible location on heavily traveled Rt. 29.; - B-GC (Business General Commercial) zoning.; - Suitable for a variety of uses including restaurant, office, retail, and medical.
    (434) 455-2285
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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
    8705 Wards Rd, Unit Rustburg Rustburg, VA 24588
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