00 Richmond Tpke Milford, VA 22514
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.