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    460 Proctor St Drakes Branch, VA 23937

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    For Sale
    $294,000

    Commercial property available for sale in Drakes Branch, Virginia.

    Lot size:
    2.25 Acres

    Property Features for 460 Proctor St

    General Information

    Lot size
    2.25 Acres

    Building Details

    Year built
    1889

    Source: Keeton & Co. Real Estate Agent Katie Ballowe Mullins

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

    Overview

    Commercial Property in Drakes Branch

    A commercial property located at 460 PROCTOR St, Drakes Branch, VA 23937 is available for sale. The list price is $294,000.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Gym & Fitness Skin Care Clinic Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Drakes Branch
    County
    Charlotte
    State
    Virginia
    Longitude
    -78.6073489
    Latitude
    36.994913

    Nearby Similar for Sale

    • $1,249,900

      Specialty Property for Sale

      Specialty property available for purchase in Drakes Branch, Virginia.
      1501 Saxkey Rd, Drakes Branch, VA 23937
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for sale in Drakes Branch, Virginia.
    Where is this specialty property located?
    The property is located at 460 Proctor St Drakes Branch, VA.
    What is the asking price?
    The asking price for this property is $294,000.
    What are key features of this property?
    This property features: - Year Built: 1889 (Historic Charm)
    (434) 987-6303
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    Drakes Branch, VA 23937
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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
    460 Proctor St Drakes Branch, VA 23937
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