0 James Madison Hwy & Lk Rd Troy, VA 22974
This exceptional 30-acre parcel of land presents a unique investment opportunity in Fluvanna County, Virginia. Located at the intersection of James Madison Highway (Highway 15) and Lake Road in Troy, this property boasts approximately 2,000 feet of highway frontage, providing excellent visibility and accessibility. The land is already cleared, making it ideal for immediate development. Zoned A-1, it's perfectly suited for various industrial uses. Its strategic location offers significant advantages: a mere two miles from the east and west entrances of Interstate 64 (Zion Crossroads Exit), ensuring convenient access to major transportation arteries. Furthermore, the property enjoys proximity to Charlottesville (15 miles) and Short Pump (42 miles), providing easy access to a substantial workforce and consumer base. The asking price is $95,000, representing a compelling value at $3,166.67 per acre. This property is ready for your vision and offers substantial potential for growth and return on investment. Don't miss this chance to acquire a prime industrial land site in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.