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Property profile & analytics
OFF-MARKET
Land

0 Tbd Stuarts Draft Hwy Stuarts Draft, VA 24477

19.04 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.04-acre commercial and residential land parcel presents a unique investment opportunity in Stuarts Draft, Virginia (zip code 24477). Located on TBD Stuarts Draft Highway, this property boasts a prime location with high visibility and accessibility, experiencing over 13,000 vehicles daily. A potential access point off Route 340 adds to its strategic advantage. The permitted zoning allows for multifamily development, and a conceptual site plan (not yet approved) suggests a high-density project with the possibility of four-story buildings. Alternatively, the acreage is well-suited for townhouse or condominium construction. The asking price is $3,000,000. The site's proximity to amenities is a significant draw, with easy walking distance to urgent care facilities, a Food Lion grocery store, various restaurants, and a new Starbucks. While the current site plan is conceptual, it incorporates potential water management solutions, directing flow to a county pond on an adjacent property. This property offers developers a chance to create a thriving community in a highly desirable location. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 19.04 ac (829,382 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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