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Property profile & analytics
OFF-MARKET
Land

0 Milnwood Rd Farmville, VA 23901

1.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.43-acre commercial lot in Farmville, Virginia, presents a remarkable development opportunity. Located in Prince Edward County, with a 23901 zip code, this B3-zoned property boasts a highly desirable location within walking distance of a major shopping center anchored by Food Lion and Belk. Its proximity to established retail ensures high visibility and convenient access for potential businesses. The property's suitability for a wide range of commercial uses is significant, including but not limited to: gas stations, restaurants, banks, laundromats, automotive sales facilities, convenience stores, office buildings, or townhouse/duplex complexes. Adding to its appeal, the lot is situated on the Farmville bus line, providing convenient public transportation access. The property already features a partially completed gravel driveway, simplifying initial site preparation. Furthermore, the land was cleared in the summer of 2021, minimizing site preparation costs. The parcel number is 023A13A-43. This is a rare opportunity to acquire a well-positioned commercial lot ready for immediate development. Don't miss out on this exceptional investment prospect.

Property profile
Verified
Property type Land
Lot 1.43 ac (62,291 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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