Property profile

00 Richmond Tpke Milford, VA 22514

OFF-MARKET
Commercial real estate
Built 2024
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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

Location

00 Richmond Tpke Milford, VA 22514
Milford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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