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    Old Stockyard Rd Marshall, VA 20115

    For Sale
    $2,200,000

    8.69 Acres, Gateway District, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.69-acre commercial land parcel presents a unique investment opportunity in the rapidly developing Gateway District of Marshall, Virginia. Located on Old Stockyard Road, this property boasts a highly desirable location with easy access to I-66, making it an ideal site for a variety of commercial ventures. The permitted zoning, under the Marshall Code, allows for by-right development of multi-family residential, office, or retail spaces, offering significant flexibility for potential buyers. The asking price is $2,200,000, translating to $253,165 per acre, reflecting the strong value proposition of this strategically located land. The property includes seven pre-purchased sewer taps, significantly reducing development costs and expediting the construction process. With its substantial size, versatile zoning, and convenient location, this property is poised for significant growth and return on investment. The parcel is identified by APN numbers 6969-89-2054

    Property Features for 0 Old Stockyard Rd

    General Information

    Property type
    Land
    Lot Size
    378,536 SF

    HighLights

    • Prime Location
    • Excellent I‑66 Access
    • Mixed‑Use Development (Multifamily, Office, & Retail)
    • Seven (7) Pre‑Purchased Sewer Taps
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marshall
    County
    Fauquier
    State
    Virginia
    Longitude
    -77.8498775
    Latitude
    38.8650456

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    FAQs

    What type of property is this?
    Land - 8.69 Acres, Gateway District, VA
    Where is this land located?
    The property is located at Old Stockyard Rd Marshall, VA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Prime Location; Excellent I-66 Access; Mixed-Use Development (Multifamily, Office, & Retail)
    Request Owner's contact information
    Old Stockyard Rd Marshall, VA 20115
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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
    Old Stockyard Rd Marshall, VA 20115
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