16-16 Richmond Rd, Warsaw, VA 22572
This exceptional 10.7-acre commercial development site in Warsaw, Virginia, is priced at $499,000 ($46,636/acre). Ideally situated on Richmond Road, this level parcel boasts approximately 620 feet of road frontage, providing excellent visibility and accessibility. The property's C-2 zoning permits a wide variety of retail and service uses, easily accommodating necessary parking requirements. Conveniently located at the entrance to Warsaw, this site benefits from a median cut and turnout lane from the westbound side of Route 360, and also enjoys right-of-way access via the McDonald's entrance. Utilities are readily available, with public water, sewer, and electric located both at the front and rear of the property. This prime location places the property within both Enterprise and Opportunity Zones, surrounded by established businesses including Food Lion, McDonald's, Hardee's, NAPA, Tractor Supply, Walgreens, Dollar General, and Dollar Tree. This presents a unique opportunity for developers seeking a high-visibility location with significant potential for growth and return on investment. The property's address is 16-16 Richmond Rd, Warsaw, VA 22572.
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
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No recorded transactions found for this property.
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