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Property profile & analytics
OFF-MARKET
Commercial real estate

00 Richmond Tpke Milford, VA 22514

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 0-acre commercial parcel, located at 00 Richmond Turnpike in Milford, Virginia, presents a unique opportunity for discerning investors and developers. Zoned for commercial use, this gently rolling land offers a multitude of potential applications. Many uses are permitted by right, with others achievable through special exception. A portion of the land is already cleared, simplifying development. The property boasts significant frontage on three roads, ensuring excellent visibility and accessibility. Its strategic location is further enhanced by its adjacency to the community services building and library, providing convenient access to essential amenities and a high-traffic area. While public water and sewer hookups are currently unavailable, the property features a well and septic system, ready for immediate use. This versatile land offers significant potential for a wide range of commercial ventures, from retail and office spaces to light industrial uses. The combination of its prime location, existing infrastructure, and flexible zoning makes this an exceptional investment opportunity in a growing community. The property's size and accessibility make it ideal for a variety of development projects, offering a blank canvas for your vision. Don't miss this chance to acquire a highly desirable commercial property in a thriving area. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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