Property profile

0 Old B&O Rd Raphine, VA 24472

OFF-MARKET
Land
14.48 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity in Raphine, Virginia! This 14.475-acre parcel boasts over 1900 feet of road frontage on Old B&O Road, offering unparalleled visibility from Interstate 81. A portion of the land is already zoned for business use, presenting significant development potential. While some grading will be necessary, the strategic location and accessibility make this a highly desirable site. The seller is open to leasing or build-to-suit options, providing flexibility for various business ventures. Note that the seller prefers not to subdivide the property and is firm on the asking price of $750,000. This prime agricultural land, situated in Rockbridge County, VA, zip code 24472, presents a rare chance to acquire a substantial tract with excellent highway exposure. The coordinates are 37.9450531 latitude and -79.2185352 longitude. Don't miss this chance to secure a valuable asset in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 14.48 ac (630,531 SF)

Cap rate & NOI

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

Location

Old B&O Rd Raphine, VA 24472
Raphine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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