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    28 County Dr Waverly, VA 23890

    For Sale
    $550,000

    7.82 Acres, Prime Business Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.82-acre commercial land parcel presents a remarkable investment opportunity in Waverly, Virginia. Strategically located on Route 460, the property boasts excellent frontage and high visibility, ensuring maximum exposure for any commercial venture. The parcel is zoned B-1, General Business, allowing for a wide array of permitted uses, providing flexibility for diverse business plans. Its advantageous location immediately adjacent to a Hardee's restaurant on Route 460 guarantees high traffic flow and convenient access for potential customers. The property's expansive size offers ample space for development, accommodating a variety of commercial projects, from retail establishments to office spaces or light industrial uses. With its prime location, versatile zoning, and significant acreage, this property represents a rare chance to establish a thriving business in a vibrant community. The APN is 28A8 6 3. The asking price for this exceptional commercial land is $550,000. This property is situated in Sussex County, Virginia, with a zip code of 23890. The coordinates are 37.0360388 latitude and -77.0945796 longitude.

    Property Features for 28 County Dr

    General Information

    Property type
    Land
    Lot Size
    340,639 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waverly
    County
    Sussex
    State
    Virginia
    Longitude
    -77.0945796
    Latitude
    37.0360388

    Nearby Comparable

    • $345,000
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      Prime Waverly Land - 23.54 Acres

      Exceptional development opportunity in Sussex County, VA.
      10 Main St, Waverly, VA 23890
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    • $60,000
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      Commercial Land in Waverly, VA

      Commercial parcel in the heart of Waverly, Virginia.
      E Main St, Waverly, VA 23890
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    • $300,000
      6.36 Acres

      Waverly Commercial Land - 6.36 Acres

      Prime commercial acreage on Route 460.
      County Dr, Waverly, VA 23890
      View Details
    • $550,000
      7.82 Acres

      Commercial Land on Route 460

      7.8 acre commercial parcel with frontage on Route 460.
      28A863 S County Dr, Waverly, VA 23890
      View Details

    Nearby Similar for Sale

    • $300,000
      6.36 Acres

      Waverly Commercial Land - 6.36 Acres

      Prime commercial acreage on Route 460.
      County Dr, Waverly, VA 23890
      View Details

    FAQs

    What type of property is this?
    Land - 7.82 Acres, Prime Business Location
    Where is this land located?
    The property is located at 28 County Dr Waverly, VA.
    What is the asking price?
    The asking price for this property is $550,000.
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    28 County Dr Waverly, VA 23890
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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
    28 County Dr Waverly, VA 23890
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