10 Main St Waverly, VA 23890
This exceptional commercial land offering encompasses three parcels totaling 23.54 acres in Waverly, Virginia, within Sussex County. The largest parcel, approximately 23.01 acres, is zoned R-4 Residential, presenting significant development potential. Strategically located, the property includes two additional smaller parcels enhancing access. Lot 10A, measuring approximately 0.38 acres, fronts East Main Street and provides potential access to the larger parcel. A second smaller parcel, approximately 0.15 acres, is situated on Route 606 (also known as Beaver Dam Road), offering another potential access point. The combined parcels present a unique opportunity for various development projects, leveraging the substantial acreage and convenient access points. The property's Assessed Parcel Number (APN) is 28A8 6 4. This prime location in Waverly, Virginia, zip code 23890, offers a compelling investment opportunity for developers seeking a substantial land holding with excellent access and zoning. The asking price for this significant land holding is $345,000.
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.