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    OFF-MARKET
    Land

    44A Laurel Point Rd, Lancaster, VA 22503

    1.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.7-acre commercial lot, identified as Lot 44A Laurel Point Road, is situated in the desirable Lancaster County, Virginia, boasting the zip code 22503. Zoned R, this property presents a unique opportunity for commercial development. Located in the established waterfront community of Laurel Point, it offers convenient access to Kilmarnock, White Stone, and Irvington. The lot's prime location provides residents and businesses with easy access to the Corrotoman River, complete with a community boat ramp. High-speed internet is readily available, ensuring seamless connectivity for any future development. The asking price for this ready-to-build lot is $42,500. This presents a compelling investment opportunity in a thriving waterfront community with excellent infrastructure and accessibility. The property's 1.7-acre size allows for substantial development potential, catering to a range of commercial ventures. Buyers are encouraged to conduct their own due diligence regarding permitted uses under the R zoning designation. This property is ideally suited for those seeking a prime location for commercial development in a picturesque and convenient setting.

    Property profile
    Verified
    Property type Land
    Lot 1.7 ac (74,052 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
    AI Approach AI
    by Request
    CAP Approach CAP
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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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