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Property profile

00 Irvington Rd Kilmarnock, VA 22482

OFF-MARKET
Land
113.99 ac lot
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Property summary

AI-generated overview

This exceptional 113.99-acre commercial land parcel presents a unique investment opportunity in Kilmarnock, Virginia. Located at 00 Irvington Road, Lancaster County, zip code 22482 (37.7159347, -76.3817724), this property boasts an already approved Planned Unit Development (PUD) plan, allowing for a diverse range of development options. The PUD plan encompasses single-family homes, townhomes, and condominiums, incorporating common areas and dedicated space for commercial ventures. Detailed site plans are available upon request, showcasing the comprehensive vision for this expansive property. Convenient access is provided by two entrances: one on a school street between Lancashire and Main streets, and another directly on Irvington Road. Both entrances offer easy walking distance to Kilmarnock's vibrant Step Toes district, known for its shopping, dining, and historic Main Street charm. The property is zoned R-1, offering flexibility for various development scenarios. This substantial acreage presents an ideal opportunity for large-scale development or a private retreat, capitalizing on its prime location and approved PUD plan. The asking price for this remarkable property is $1,900,000.

Property profile

Verified
Property type Land
Lot 113.99 ac (4,965,404 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Irvington Rd Kilmarnock, VA 22482
Kilmarnock metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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