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    8910 George Washington Memorial Hwy Yorktown, VA 23692

    For Sale
    $250,000

    1.11 Acres, $250,000 Asking Price

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.11-acre commercial land parcel presents a unique investment opportunity in the desirable Yorktown, Virginia market. Located at 8910 George Washington Memorial Highway, zip code 23692, this property boasts a prime location with high visibility and easy access. The land is currently assessed at $233,100, offering potential for significant appreciation. Zoned for a variety of commercial uses, including retail, office, school, and auto parts businesses, this versatile site allows for diverse development possibilities. Its strategic location along George Washington Memorial Highway ensures excellent exposure to a substantial volume of daily traffic. The property's 1.11-acre size provides ample space for a range of development projects, catering to various business needs and scales. This is an exceptional opportunity to acquire a well-situated commercial land parcel in a thriving Virginia community. The asking price is $250,000. Serious inquiries are encouraged to explore the potential of this valuable asset and its potential for future growth and profitability in the vibrant Yorktown area. The property's latitude and longitude coordinates are 37.2001188 and -76.4956298 respectively. York County is the county location.

    Property Features for 8910 George Washington Memorial Hwy

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • $250,000 asking price.
    • 1.11‑acre commercial land parcel.
    • Located at 8910 George Washington Memorial Hwy, Yorktown, VA 23692.
    • Assessed value of $233,100.
    • Permitted uses include retail, office, school, and auto parts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    York
    State
    Virginia
    Longitude
    -76.4956298
    Latitude
    37.2001188

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    FAQs

    What type of property is this?
    Land - 1.11 Acres, $250,000 Asking Price
    Where is this land located?
    The property is located at 8910 George Washington Memorial Hwy Yorktown, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 1.11-acre commercial land parcel.; Located at 8910 George Washington Memorial Hwy, Yorktown, VA 23692.
    (757) 640-9290
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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
    8910 George Washington Memorial Hwy Yorktown, VA 23692
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