0 Milnwood Rd Farmville, VA 23901
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.