0 Lot Paynes Shop Rd, Lancaster, VA 22503
This exceptional 38-acre property in Lancaster County, Virginia, presents a unique investment opportunity. Located on Paynes Shop Road, zip code 22503, this land boasts over 1,000 feet of shoreline along Paynes Creek, offering stunning waterfront views and recreational possibilities. The property is zoned A2 and features a diverse landscape, including open agricultural land, mature hardwood forests, and multiple potential building sites. Abundant wildlife, including deer and turkey, makes this an ideal location for hunting and outdoor enthusiasts. The land's varied terrain provides privacy and seclusion, making it perfect for a private retreat or family compound. This is a rare opportunity, as this land has not been offered for sale in generations. The property's size and features make it suitable for a variety of uses, from residential development to agricultural pursuits, or simply as a private sanctuary. The location offers a blend of tranquility and accessibility, situated in Lancaster County, Virginia, with convenient access to local amenities. The asking price is $299,000.
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.