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    Industrial Ct Troy, VA 22974

    For Sale
    $250,000

    Prime Industrial Land, Zoned I-1

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving Zion Crossroads Industrial Park, located on Industrial Court in Troy, Virginia. The property, identified as Lot 1 and designated by APN 5 23 1, is zoned I-1, allowing for a variety of industrial uses. Its convenient location within the park offers easy access to key transportation routes, making it ideal for businesses requiring efficient logistics. The lot's size provides ample space for development, accommodating a range of projects. This is a prime opportunity for businesses seeking to establish a presence in a rapidly growing industrial area. The property is offered at an attractive asking price of $250,000. Note that two adjacent lots, Lots 10 and 11, are also available for purchase, presenting potential for larger-scale development or strategic acquisition. This property is situated in Fluvanna County, Virginia, with a zip code of 22974, and its precise coordinates are 37.967421 latitude and -78.2378308 longitude. Serious inquiries are encouraged to explore this compelling investment prospect.

    Property Features for 0 Industrial Ct

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $250,000 asking price.
    • 2‑acre commercial/industrial land parcel.
    • I‑1 Industrial zoning.
    • Located on Industrial Court, Troy, VA 22974, in Zion Crossroads Industrial Park.
    • Broker co‑op available.
    • APN: 5 23 1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Troy
    County
    Fluvanna
    State
    Virginia
    Longitude
    -78.2378308
    Latitude
    37.967421

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Zoned I-1
    Where is this land located?
    The property is located at Industrial Ct Troy, 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.; 2-acre commercial/industrial land parcel.; I-1 Industrial zoning.
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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
    Industrial Ct Troy, VA 22974
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