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    Main St Waverly, VA 23890

    Sponsored
    For Sale
    $60,000

    2.9 Acres, B1 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.9-acre commercial land parcel presents a remarkable investment opportunity in the heart of Waverly, Virginia. Located on East Main Street, this property boasts a highly desirable B1 General Business zoning designation, opening doors to a wide array of permitted uses. The expansive lot size offers ample space for development, making it ideal for a variety of commercial ventures. With its strategic location and versatile zoning, this property is poised for significant growth and return. The property's address is 2.9ac E Main Street, Waverly, VA 23890, and its APN is 28A8 61. The lot size is approximately 2.9 acres, offering considerable flexibility for development plans. The simple ownership structure ensures a streamlined transaction process. This prime location within the town of Waverly provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving community. The asking price for this exceptional commercial land is $60,000. Don't miss this chance to acquire a valuable asset in a rapidly developing area. Serious inquiries are encouraged.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • 1.1- to 3.0‑acre lot sizes.
    • High‑traffic location with excellent visibility.
    • Zoned for a variety of commercial uses.
    • Utilities readily available.
    • Strong tenant demand in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waverly
    County
    Sussex
    State
    Virginia
    Longitude
    -77.0834781
    Latitude
    37.037856

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 2.9 Acres, B1 Zoning, High Visibility
    Where is this land located?
    The property is located at Main St Waverly, VA.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 1.1- to 3.0-acre lot sizes.; High-traffic location with excellent visibility.; Zoned for a variety of commercial uses.
    Request Owner's contact information
    Main St Waverly, VA 23890
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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
    Main St Waverly, VA 23890
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