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    OFF-MARKET
    Land

    47 Hwy, Chase City, VA 23924

    0.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.2-acre commercial land parcel presents a unique investment opportunity in the thriving town of Chase City, Virginia. Situated conveniently on Highway 47, this property boasts an R2 zoning designation, opening doors to a variety of commercial development possibilities. The lot size, while estimated based on county GIS data (as the acreage isn't reflected on the tax card), is approximately 0.2 acres, providing ample space for a range of projects. Its strategic location offers easy access to the vibrant community of Chase City and the recreational attractions of Kerr Lake, just a short 15-minute drive away. This prime location promises high visibility and convenient access for businesses, making it an ideal site for entrepreneurs and investors seeking a foothold in a growing market. The R2 zoning allows for diverse commercial uses, subject to local regulations, providing flexibility for future development plans. This is a rare opportunity to acquire a well-positioned commercial lot in a desirable location with significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The asking price is $9,900. The property is located in Mecklenburg County, Virginia, zip code 23924.

    Property profile
    Verified
    Property type Land
    Lot 0.2 ac (8,712 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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