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    427 Grafton Dr Yorktown, VA 23692

    For Sale
    $275,000

    Two-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional two-acre commercial land parcel presents a unique investment opportunity in the desirable Yorktown, Virginia area. Conveniently situated just off George Washington Highway, this property boasts a highly visible location with excellent access to major transportation routes. Zoned GB, the land offers considerable flexibility for a variety of commercial uses, making it ideal for developers or businesses seeking a strategic location to establish or expand their operations. The lot is partially cleared, simplifying site preparation and reducing development costs. With its expansive size and prime location, this property offers significant potential for substantial return on investment. The asking price is $275,000. The property is located at 427 Grafton Dr, Yorktown, VA 23692, within York County. Its convenient access to George Washington Highway ensures high visibility and easy accessibility for customers and employees. This is a rare opportunity to acquire a sizable commercial lot in a thriving area with strong growth potential. Don't miss out on this chance to secure a valuable asset in a prime location. The property's 2-acre size provides ample space for a variety of development projects, catering to diverse business needs. The GB zoning designation allows for a range of commercial uses, offering flexibility and potential for future expansion.

    Property Features for 427 Grafton Dr

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre commercial lot in desirable Yorktown, VA.
    • High‑visibility location off George Washington Highway with excellent access to major transportation routes.
    • GB zoning allows for diverse commercial uses.
    • Partially cleared, minimizing site preparation costs.
    • Asking price: $275,000.
    • Located at 427 Grafton Dr, Yorktown, VA 23692.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    York
    State
    Virginia
    Longitude
    -76.470168
    Latitude
    37.165726

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    FAQs

    What type of property is this?
    Land - Two-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 427 Grafton Dr Yorktown, VA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 2-acre commercial lot in desirable Yorktown, VA.; High-visibility location off George Washington Highway with excellent access to major transportation routes.; GB zoning allows for diverse commercial uses.
    Request Owner's contact information
    427 Grafton Dr Yorktown, VA 23692
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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
    427 Grafton Dr Yorktown, VA 23692
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