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    Richmond Hwy Appomattox, VA 24522

    For Sale
    $825,000

    4.24 Acres, High Visibility, B-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.24-acre commercial land parcel is ideally situated on Richmond Highway (Rt. 460) in Appomattox, Virginia, offering unparalleled visibility and accessibility. Zoned B-1, this property presents a remarkable opportunity for a diverse range of commercial developments, including office spaces and retail establishments. Its strategic location ensures high traffic volume and exposure to a substantial customer base. The property boasts convenient access to town water and sewer services, simplifying the development process and reducing infrastructure costs. The APN is 63-A-48. This prime location in Appomattox, VA, zip code 24522, presents a compelling investment opportunity for businesses seeking a high-impact presence in a thriving community. The asking price for this exceptional parcel is $825,000. Serious inquiries are encouraged to explore the potential of this remarkable commercial land offering.

    Property Features for 0 Richmond Hwy

    General Information

    Property type
    Land

    HighLights

    • 4.24‑acre commercial land parcel in Appomattox, VA.
    • Located on Richmond Highway (Rt. 460) with high visibility and accessibility.
    • B‑1 zoning allows for diverse commercial development (office, retail).
    • Convenient access to town water and sewer.
    • APN: 63‑A‑48; Asking price: $825,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Appomattox
    County
    Appomattox
    State
    Virginia
    Longitude
    -78.85405650709
    Latitude
    37.362086161192

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    FAQs

    What type of property is this?
    Land - 4.24 Acres, High Visibility, B-1 Zoning
    Where is this land located?
    The property is located at Richmond Hwy Appomattox, VA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 4.24-acre commercial land parcel in Appomattox, VA.; Located on Richmond Highway (Rt. 460) with high visibility and accessibility.; B-1 zoning allows for diverse commercial development (office, retail).
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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
    Richmond Hwy Appomattox, VA 24522
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