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    44A Laurel Point Rd Lancaster, VA 22503

    • Land
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 44A Laurel Point Rd

    Lot size
    1.70 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Virginia
    Longitude
    -76.426
    Latitude
    37.7391

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    44A Laurel Point Rd
    Lancaster, VA 22503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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