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    Sterrett Rd Fairfield, VA 24435

    For Sale
    $289,000

    Prime I-81 Commercial Land, Fairfield, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.06-acre commercial land parcel presents a unique investment opportunity in Fairfield, Virginia. Strategically located at Interstate 81 exit 200, this highly visible property boasts easy access and significant visibility from the interstate. Comprising two parcels (Rockbridge County tax map #s 39B 1B and 39B 1A), this expansive site offers ample space for a variety of commercial ventures. The property is zoned B-1, and while a portion lies within a floodplain, a substantial buildable area remains unaffected. Essential utilities, including water and sewer, are readily available. The asking price for this prime commercial land is $289,000. Its location at a major interstate exit ensures high traffic volume and excellent exposure, making it ideal for businesses seeking maximum visibility and accessibility. This is a rare opportunity to acquire a significant commercial land holding in a high-traffic location with convenient access to essential utilities.

    Property Features for 0 Sterrett Rd

    General Information

    Property type
    Land
    Lot Size
    89,734 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairfield
    County
    Rockbridge
    State
    Virginia
    Longitude
    -79.286888708582
    Latitude
    37.886620203052

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime I-81 Commercial Land, Fairfield, VA
    Where is this land located?
    The property is located at Sterrett Rd Fairfield, VA.
    What is the asking price?
    The asking price for this property is $289,000.
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    Sterrett Rd Fairfield, VA 24435
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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
    Sterrett Rd Fairfield, VA 24435
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