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    264 Turkeysag Trl Palmyra, VA 22963

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    For Sale
    $4,000,000

    Commercial property near Lake Monticello with multiple tenants.

    Property size:
    26,100 SF
    Lot size:
    5.84 Acres

    Property Features for 264 Turkeysag Trl

    General Information

    Size
    26,100 SF
    Lot size
    5.84 Acres

    Source: Akarion Realty Agent Corven Flynn

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

    Overview

    Commercial Property Near Lake Monticello

    Located just outside of Lake Monticello at the secondary entry gate off of Route 53, next to the Food Lion Shopping Center, this property is situated in a commercial area of Fluvanna County. The property includes one freestanding building currently used as a restaurant, along with two strip-type buildings. These buildings house tenants such as a pet supply store, chiropractor, pharmacy, novelty store, salon, and pool supply store. The property has a total size of 26,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Fluvanna
    State
    Virginia
    Longitude
    -78.3426678
    Latitude
    37.9051907

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    FAQs

    What type of property is this?
    Strip mall - Commercial property near Lake Monticello with multiple tenants.
    Where is this strip mall located?
    The property is located at 264 Turkeysag Trl Palmyra, VA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Located in the most commercial area of Fluvanna County.; - Adjacent to the Food Lion Shopping Center and Lake Monticello's secondary entry gate.; - Three buildings included: **a freestanding restaurant and two strip malls.**
    (434) 996-1830
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    264 Turkeysag Trl Palmyra, VA 22963
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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
    264 Turkeysag Trl Palmyra, VA 22963
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