44A Laurel Point Rd, Lancaster, VA 22503
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.
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.