0 Preserve Dr, Lancaster, VA 22503
This exceptional 0.876-acre residential lot (APN 15-B-23) is located in Lancaster County, Virginia, at 000 Preserve Dr, Lot 23, Lancaster, VA 22503 (37.75589, -76.48812). Zoned R-2, it's part of the Western Branch Preserve subdivision, offering access to a shared HOA dock with a dedicated boat slip on the Corrotoman River. The property boasts a riprapped coastline and is situated within a serene community featuring 25 acres of common area and over 160 acres of preserved land under conservation easement. Public water is available. The minimum home size is 1,500 square feet. This lot is being sold via auction; the listed price represents the opening bid, not the final selling price. The property may be sold prior to the auction date if an acceptable offer is received by the seller. Conveniently located near Kilmarnock, Irvington, and White Stone, offering nearby shopping and dining. This is a corporate-owned property. The auction will be held online from November 17th to November 20th, with an onsite option on November 20th. All information is deemed reliable but not guaranteed.
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.