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    Meriwood Farm Rd Farmville, VA 23901

    Sponsored
    For Sale
    $250,000

    Prime 26-acre residential lot in Farmville, VA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 26.303-acre property presents a unique opportunity for developers, homebuyers, or investors seeking a prime location in Farmville, Virginia. Situated off Meriwood Farm Rd in Prince Edward County (zip code 23901), this gorgeously wooded parcel boasts several open acres, offering a blend of natural beauty and development potential. The land is conveniently located near town amenities while maintaining a secluded feel, bordered by an adjacent farm to the west and the Little Buffalo Creek. For added privacy, the property line begins approximately 30 feet from the road's end, featuring a deeded 30-foot outlet road and a 60-foot right-of-way for convenient access. The property is zoned R1 and offers significant advantages with nearby town water and sewer lines, simplifying utility connections. This expansive acreage is ideal for creating a private gated community or fulfilling any personalized vision. The asking price is $250,000.

    Property Features for 0 Meriwood Farm Rd

    General Information

    Property type
    Land
    Lot Size
    1,145,759 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmville
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.4047004
    Latitude
    37.2793025

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    FAQs

    What type of property is this?
    Land - Prime 26-acre residential lot in Farmville, VA.
    Where is this land located?
    The property is located at Meriwood Farm Rd Farmville, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    Request Owner's contact information
    Meriwood Farm Rd Farmville, VA 23901
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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
    Meriwood Farm Rd Farmville, VA 23901
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