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Property profile & analytics
OFF-MARKET
Commercial real estate

00 Richmond Tpke Milford, VA 22514

2.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.2-acre commercial lot presents a unique opportunity for entrepreneurs and developers in Milford, VA. Located at 00 Richmond Turnpike, this property boasts a highly desirable B-1 zoning classification, allowing for a multitude of commercial uses, both by right and with special exceptions. The lot's strategic corner location provides excellent visibility, fronting on three roads, ensuring high traffic exposure for any business. The topography offers a blend of rolling hills and flat areas, providing flexibility in development plans. Essential utilities are readily accessible, with water and sewer available for connection, or the option to utilize an on-site septic system. The property is conveniently situated within sight of the Community Services Building, Hidden Acres Campground, and a Farmer's Market, benefiting from the existing local infrastructure and foot traffic. Most of the lot is already cleared, minimizing site preparation costs and accelerating the development process. This is an ideal location for a variety of commercial ventures, offering significant potential for growth and return on investment. The asking price is $149,900. Don't miss this chance to secure a prime commercial property in a thriving community. Contact us today to learn more and schedule a site visit.

Property profile
Verified
Property type Commercial real estate
Lot 2.2 ac (95,832 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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