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    10 Main St Waverly, VA 23890

    For Sale
    $345,000

    Exceptional development opportunity in Sussex County, VA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering encompasses three parcels totaling 23.54 acres in Waverly, Virginia, within Sussex County. The largest parcel, approximately 23.01 acres, is zoned R-4 Residential, presenting significant development potential. Strategically located, the property includes two additional smaller parcels enhancing access. Lot 10A, measuring approximately 0.38 acres, fronts East Main Street and provides potential access to the larger parcel. A second smaller parcel, approximately 0.15 acres, is situated on Route 606 (also known as Beaver Dam Road), offering another potential access point. The combined parcels present a unique opportunity for various development projects, leveraging the substantial acreage and convenient access points. The property's Assessed Parcel Number (APN) is 28A8 6 4. This prime location in Waverly, Virginia, zip code 23890, offers a compelling investment opportunity for developers seeking a substantial land holding with excellent access and zoning. The asking price for this significant land holding is $345,000.

    Property Features for 10 Main St

    General Information

    Property type
    Land
    Lot Size
    1,025,402 SF

    HighLights

    • 23.54‑acre commercial land offering in Waverly, VA.
    • Largest parcel (23.01 acres) is R‑4 zoned.
    • Includes two additional smaller parcels for enhanced access.
    • APN: 28A8 6 4.
    • Asking price: $345,000.
    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
    -77.0941737
    Latitude
    37.0360611

    Nearby Comparable

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      Commercial Land in Waverly, VA

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    • $550,000
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      Waverly, VA Commercial Land Opportunity

      7.82 Acres, Prime Business Location
      28 County Dr, Waverly, VA 23890
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    • $300,000
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      Waverly Commercial Land - 6.36 Acres

      Prime commercial acreage on Route 460.
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    • $550,000
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      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 - Exceptional development opportunity in Sussex County, VA.
    Where is this land located?
    The property is located at 10 Main St Waverly, VA.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: 23.54-acre commercial land offering in Waverly, VA.; Largest parcel (23.01 acres) is R-4 zoned.; Includes two additional smaller parcels for enhanced access.
    Request Owner's contact information
    10 Main St 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
    10 Main St Waverly, VA 23890
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