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Property profile & analytics
OFF-MARKET
Commercial real estate

1.26 Acres New Market Rd Timberville, VA 22853

1.26 ac lot
Property ID
Property summary
AI-generated overview

This 1.26-acre parcel of land, located at 1.26 Acres NEW MARKET RD, Timberville, VA, presents a unique investment opportunity. Currently zoned for its existing use, the property is subject to rezoning, opening up a range of potential development possibilities. The expansive acreage offers significant potential for various projects, contingent upon successful rezoning applications with the relevant local authorities. Given its size and location in Timberville, VA, this land could be ideal for a variety of commercial or residential ventures, subject to the outcome of the rezoning process. Prospective buyers are strongly encouraged to conduct their own due diligence regarding zoning regulations and potential development options. The property is being offered at a price of $350,000. This represents a compelling entry point into the Timberville real estate market for developers seeking a substantial land holding with considerable upside potential. All interested parties should independently verify all information provided and conduct thorough investigations into the feasibility of their intended development plans before making an offer. The sale is contingent upon successful rezoning. This is a chance to acquire a significant piece of land in a growing area, offering a substantial return on investment for the right project. The property's location provides easy access to local amenities and transportation routes.

Property profile
Verified
Property type Commercial real estate
Lot 1.26 ac (54,886 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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