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    8830 George Washington Memorial Hwy Yorktown, VA 23690

    Sponsored
    For Sale
    $185,000

    0.81-acre lot, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.81-acre commercial land parcel presents a remarkable investment opportunity in the thriving Yorktown, Virginia market. Located at 8830 George Washington Memorial Hwy, zip code 23690, this property boasts 178 feet of frontage on a major thoroughfare, ensuring high visibility and accessibility for any business. The permitted zoning, designated as LB, allows for a diverse range of uses, including retail establishments, schools, places of worship, medical facilities, fitness centers, auto parts stores, offices, and restaurants. This flexibility makes it ideal for a variety of commercial ventures. The asking price for this strategically located land is $185,000. Its prime location in York County, Virginia, offers easy access to a substantial customer base and significant growth potential. The property's size and permitted uses make it an attractive option for developers and entrepreneurs seeking a high-impact location to establish their business. With its excellent visibility and diverse permitted uses, this property is poised for immediate development and significant return on investment. Serious inquiries are encouraged to explore this exceptional opportunity. The coordinates for this property are latitude 37.199528 and longitude -76.494574.

    Property Features for 8830 George Washington Memorial Hwy

    General Information

    Property type
    Land
    Lot Size
    35,284 SF

    HighLights

    • 178 feet of frontage on George Washington Memorial Highway.
    • High‑traffic location with excellent visibility.
    • Prime retail space with strong potential for high foot traffic and sales.
    • Building features ample parking.
    • Flexible floor plan adaptable to various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Dental Office Hair Salon Pharmacy Kitchen & Bath Food Market HVAC Service Grocery Store Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    York
    State
    Virginia
    Longitude
    -76.494574
    Latitude
    37.199528

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    FAQs

    What type of property is this?
    Land - 0.81-acre lot, high visibility
    Where is this land located?
    The property is located at 8830 George Washington Memorial Hwy Yorktown, VA.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: 178 feet of frontage on George Washington Memorial Highway.; High-traffic location with excellent visibility.; Prime retail space with strong potential for high foot traffic and sales.
    (757) 640-9290
    Request Owner's contact information
    8830 George Washington Memorial Hwy Yorktown, VA 23690
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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
    8830 George Washington Memorial Hwy Yorktown, VA 23690
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