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    1100-1108 Main St Farmville, VA 23901

    For Sale
    $1,100,000

    1.91 Acres, Prime Location, B2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional 1.91-acre commercial land parcel ideally situated in Farmville, Virginia, at 1100-1108 S Main St, zip code 23901. This property boasts a B2 zoning designation, offering a multitude of development possibilities. Its strategic location places it between two prominent shopping centers: the Shoppes at College Park and Southgate Shopping Center, ensuring high visibility and accessibility. The land is conveniently located approximately 0.6 miles from Longwood University and 1.3 miles from Prince Edward Highway (Route 460), providing excellent connectivity to the wider region. The 1.91-acre lot presents a unique opportunity for developers seeking a prime location for commercial ventures. The property's size allows for flexibility

    Property Features for 1100-1108 Main St

    General Information

    Property type
    Land
    Lot Size
    83,200 SF

    HighLights

    • Highly flexible parcel sizes: combinable or subdividable.
    • Prime Main Street location between Shoppes at College Park and Southgate Shopping Center.
    • Close proximity to Longwood University (approx. 0.6 miles).
    • Convenient access to Route 460 (approx. 1.3 miles).
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.3971507
    Latitude
    37.2889482

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    FAQs

    What type of property is this?
    Land - 1.91 Acres, Prime Location, B2 Zoning
    Where is this land located?
    The property is located at 1100-1108 Main St Farmville, VA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Highly flexible parcel sizes: combinable or subdividable.; Prime Main Street location between Shoppes at College Park and Southgate Shopping Center.; Close proximity to Longwood University (approx. 0.6 miles).
    (804) 320-7600
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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
    1100-1108 Main St Farmville, VA 23901
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