110 Harris Rd Kilmarnock, VA 22482
This exceptional 2.44-acre commercial land parcel in Kilmarnock, Virginia, presents a unique investment opportunity. Located at 110 Harris Rd, Lancaster County, zip code 22482 (37.7039829, -76.3927926), this property boasts a highly desirable C-2 zoning designation. The land is conveniently situated near the intersection of Irvington Road and Harris Road, ensuring excellent visibility and accessibility. The site comprises two separate lots, totaling 2.44 acres (1.728 acres and 0.716 acres), offering flexibility for individual purchase or combined development. Its strategic location in a thriving commercial area, close to the YMCA and Rappahannock Regional Hospital, guarantees high traffic and exposure. This prime real estate is ideal for a wide range of commercial ventures, including but not limited to medical and dental offices, accounting firms, insurance agencies, legal practices, retail establishments, and food service businesses. The asking price is below the current assessed value, making this an attractive proposition for discerning investors. Don't miss this chance to secure a valuable piece of commercial land 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
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Property description
Physical attributes from public recordsZoning & alternative use
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.