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Property profile & analytics

2448 Lake Monticello Rd Palmyra, VA 22963

  • Commercial real estate
  • 34.94 lot acres
Value Estimation
Location Intelligence
Property ID
US87-3778967
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2448 Lake Monticello Rd

Lot size
34.94 lot acres
Property type
Commercial real estate
APN
9-A-11, 9-A-11B, 9-A-11C, 9-A-11D, 9-A-11F, 9-A-11G

Description

This exceptional 34.94-acre commercial land parcel presents a rare development opportunity in Palmyra, Virginia. Located at 2448 Lake Monticello Rd, this property consists of six contiguous parcels (APN: 9-A-11, 9-A-11B, 9-A-11C, 9-A-11D, 9-A-11F, 9-A-11G) and is zoned B-1, allowing for a variety of commercial uses. Its prime location within the thriving Lake Monticello community offers significant advantages, including proximity to residential areas, lake amenities, and high traffic volume. The site is well-suited for projects such as medical facilities, grocery stores, or retail establishments, catering to the growing needs of both residents and visitors. Existing infrastructure, including water and power, simplifies the development process, reducing upfront costs and accelerating project timelines. This strategic location and substantial acreage provide immense potential for significant return on investment. The property's proximity to scenic lake beaches and community amenities further enhances its appeal and desirability. This is a unique opportunity to capitalize on the area's growth and establish a thriving commercial presence in a vibrant community. The asking price for this exceptional property is $4,250,000.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Palmyra
County
Fluvanna
State
Virginia
Longitude
-78.320971
Latitude
37.924675
More about this property
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