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    23822 Airport St North Dinwiddie, VA

    For Sale
    $1,850,000

    2,000 SF drive-thru restaurant space on 0.89 acres.

    Property size:
    2,000 SF
    Lot size:
    0.89 Acres

    Property Features for 23822 Airport St North

    General Information

    Size
    2,000 SF
    Lot size
    0.89 Acres

    Source: Taylor Long Properties Agent Robert Marshall

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

    Overview

    Drive-Thru Restaurant on 0.89 Acres

    This property offers a value-add opportunity with 2,000 square feet of drive-thru restaurant space situated on 0.89 acres. The property is zoned B-2 and is located at the entrance of the Dinwiddie Airport. It benefits from high traffic volume, with 34,000 vehicles per day on Route 460 (Airport Street) and 72,000 vehicles per day on I-85, both measured as bi-directional traffic.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Dinwiddie
    County
    Dinwiddie
    State
    Virginia
    Longitude
    -77.5866549
    Latitude
    37.0779276

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    FAQs

    What type of property is this?
    Drive through restaurant - 2,000 SF drive-thru restaurant space on 0.89 acres.
    Where is this drive through restaurant located?
    The property is located at 23822 Airport St North Dinwiddie, VA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Drive-Thru Restaurant Space; - High Traffic Volume: **34,000 VPD on Rte. 460**; - High Traffic Volume: **72,000 VPD on I-85**
    (804) 437-4323
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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
    23822 Airport St North Dinwiddie, VA
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