0 Old B&O Rd, Raphine, VA 24472
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.