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    Industrial Ct Troy, VA 22974

    Sponsored
    For Sale
    $331,250

    2.65-Acre Commercial/Industrial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.65-acre lot, identified as Lot 11, presents a remarkable opportunity for industrial or commercial development. Situated in the desirable Zion Crossroads Industrial Park on Industrial Court in Troy, Virginia (zip code 22974), this property boasts an I-1, Industrial, Limited zoning designation, offering flexibility for a variety of uses. The lot's convenient location provides easy access to key transportation routes, making it an ideal site for businesses requiring efficient logistics. With its generous size, this parcel offers ample space for construction of a new facility or expansion of existing operations. The property's APN is 5 23 11. This is a rare opportunity to acquire land in a thriving industrial park. Note that two adjacent lots, Lot 10 and Lot 1, are also available for purchase, presenting potential for larger-scale development or strategic acquisitions. The asking price for this exceptional property is $331,250. This represents a compelling investment in a prime location with significant growth potential. Serious inquiries are encouraged.

    Property Features for 0 Industrial Ct

    General Information

    Property type
    Land
    Lot Size
    115,434 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Troy
    County
    Fluvanna
    State
    Virginia
    Longitude
    -78.2378308
    Latitude
    37.967421

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    FAQs

    What type of property is this?
    Land - 2.65-Acre Commercial/Industrial Lot
    Where is this land located?
    The property is located at Industrial Ct Troy, VA.
    What is the asking price?
    The asking price for this property is $331,250.
    Request Owner's contact information
    Industrial Ct Troy, VA 22974
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    Troy, VA 22974
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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
    Industrial Ct Troy, VA 22974
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