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    175 | Town Ctr At Wallops Is Spaceport Rte Wattsville, VA 23483

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    For Sale
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    Mixed-use community development opportunity near Mid Atlantic Regional Spaceport.

    Property size:
    106 SF
    Lot size:
    106.00 Acres

    Property Features for 175 | Town Ctr At Wallops Is Spaceport Rte

    General Information

    Size
    106 SF
    Lot size
    106.00 Acres

    Source: Chris Carbaugh Agent Chris Carbaugh

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

    Overview

    106 Acres Near Wallops Island

    This 106-acre property is planned as a pedestrian-friendly, mixed-use community, combining retail, commercial, business, and office spaces. The envisioned community is designed to complement and support the growth associated with the aerospace and aviation operations of the Mid Atlantic Regional Spaceport and Wallops Research Park. It aims to serve the existing community and over one million annual visitors to Chincoteague and Assateague Island. Located in close proximity to Wallops Island Regional Spaceport, Chincoteague, and Assateague Island, the property is positioned along the Route 175 corridor. Notably, it is situated outside of the accident potential zones associated with Wallops Airstrip.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Wattsville
    County
    Accomack
    State
    Virginia
    Longitude
    -75.5006
    Latitude
    37.9362

    FAQs

    What type of property is this?
    Land - Mixed-use community development opportunity near Mid Atlantic Regional Spaceport.
    Where is this land located?
    The property is located at 175 | Town Ctr At Wallops Is Spaceport Rte Wattsville, VA.
    What are key features of this property?
    This property features: - 106 acres planned as a pedestrian-friendly, mixed-use community with retail, commercial, business, and office space.; - Supports growth associated with the Mid Atlantic Regional Spaceport and Wallops Research Park aerospace and aviation operations.; - Serves the existing community and over one million annual visitors to Chincoteague and Assateague Island.
    (443) 614-3240
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    175 | Town Ctr At Wallops Is Spaceport Rte Wattsville, VA 23483
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    175 | Town Ctr At Wallops Is Spaceport Rte
    Wattsville, VA 23483
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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
    175 | Town Ctr At Wallops Is Spaceport Rte Wattsville, VA 23483
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