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    7431 Richmond Hwy Appomattox, VA 24522

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    For Sale
    $1,995,000

    2.3 acre commercial property with office building and outbuildings.

    Property size:
    2 SF
    Lot size:
    2.30 Acres

    Property Features for 7431 Richmond Hwy

    General Information

    Zoning
    B-2
    Size
    2 SF
    Lot size
    2.30 Acres

    Source: Luke Dykeman Agent Luke Dykeman

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

    Overview

    Commercial Property on Richmond Highway

    Located on Richmond Highway (Rt. 460) in Appomattox, Virginia, this commercial property features approximately 2.3 acres. The parcel includes 245 feet of road frontage on Route 460. The property is improved with a 3,290 square foot commercial office building and several outbuildings that provide additional square footage. The location is near numerous retail and office locations. It is suitable for a variety of uses including redevelopment, restaurant, office, retail, and medical.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    County
    Appomattox
    State
    Virginia
    Longitude
    -78.8511939
    Latitude
    37.3636249

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    FAQs

    What type of property is this?
    Office building - 2.3 acre commercial property with office building and outbuildings.
    Where is this office building 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.
    What are key features of this property?
    This property features: - High-traffic location on Rt. 460; - 245 ft. of road frontage; - **2.3 acre parcel ideal for redevelopment**
    (434) 455-2285
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    7431 Richmond Hwy Appomattox, VA 24522
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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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