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    Industrial Ct Troy, VA 22974

    For Sale
    $265,000

    2.12 Acres, I-1 Zoning, $265,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.12-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving Zion Crossroads Industrial Park, located on Industrial Court, Lot 10, in Troy, Virginia (zip code 22974). The property, identified by APN 5 23 10, is zoned I-1, Industrial, Limited, offering flexibility for a variety of industrial uses. Its strategic location within the park provides excellent access to transportation networks, facilitating efficient logistics and distribution. The flat, usable land is ready for immediate development, eliminating the need for extensive site preparation. This is an exceptional opportunity for businesses seeking a prime location to establish or expand their operations. Adjacent lots (1 and 11) are also available for purchase, presenting the possibility of acquiring a larger contiguous parcel to accommodate significant expansion plans. The asking price for this exceptional property is $265,000. Serious inquiries are encouraged to explore this compelling investment prospect. The property's coordinates are 37.967421 latitude and -78.2378308 longitude. Fluvanna County is the location of this property.

    Property Features for 0 Industrial Ct

    General Information

    Property type
    Land
    Lot Size
    92,347 SF

    HighLights

    • 2.12‑acre commercial and industrial land parcel in Troy, VA (22974).
    • APN 5 23 10, I‑1 zoning.
    • Located in Zion Crossroads Industrial Park on Industrial Court, Lot 10.
    • Flat, usable land ready for immediate development.
    • Asking price: $265,000.
    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 - 2.12 Acres, I-1 Zoning, $265,000
    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 $265,000.
    What are key features of this property?
    This property features: 2.12-acre commercial and industrial land parcel in Troy, VA (22974).; APN 5 23 10, I-1 zoning.; Located in Zion Crossroads Industrial Park on Industrial Court, Lot 10.
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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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