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Property profile & analytics
OFF-MARKET
Commercial real estate

168 County Dr Wakefield, VA 23888

0.39 ac lot Built 1942
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Wakefield, Virginia, presents a unique investment opportunity. Located at 168 County Drive, the 0.39-acre lot features two existing small buildings, offering significant potential for redevelopment or adaptive reuse. The property boasts a fascinating history, with one building reportedly having served as a military watchtower. This historical element adds character and potential for unique branding or marketing strategies. The buildings' current condition and square footage are not specified, requiring a thorough on-site inspection to determine their suitability for various commercial uses. The location within the town of Wakefield provides access to local amenities and infrastructure. The asking price of $70,000 makes this an attractive proposition for investors seeking a project with historical significance and redevelopment potential. Given the property's size and existing structures, it could be suitable for a variety of commercial ventures, from small retail spaces to office use, subject to local zoning regulations and necessary permits. Serious inquiries are encouraged to conduct due diligence and explore the possibilities this unique property offers. The property is sold as-is.

Property profile
Verified
Property type Commercial real estate
Year built 1942
Lot 0.39 ac (16,988 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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