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Property profile & analytics
OFF-MARKET
Land

0 Irvington Rd Irvington, VA 22480

744 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 744-acre property presents a remarkable investment opportunity in Lancaster County, Virginia. Strategically located near Irvington, with prominent road frontage along Irvington Road, connecting the towns of Kilmarnock, Irvington, and White Stone. The land, zoned R-1 and R-3, boasts a meticulously planned layout with the potential for 575 residential building sites. Expert land planners and designers have carefully considered the property's topography, including slopes and wetlands, to maximize its potential while minimizing environmental impact. The area is surrounded by existing residential developments and some commercial uses along the road. Proximity to the Chesapeake Bay, a renowned resort with a golf course and marina, a hospital, and numerous restaurants and shops, ensures strong appeal to residents and tourists alike. The Town of Kilmarnock, nearby, offers potential access to public water and sewer connections. This unique offering combines the tranquility of rural Virginia with the potential for significant residential development, making it an ideal investment for discerning buyers. The asking price is $5,900,000.

Property profile
Verified
Property type Land
Lot 744 ac (32,408,640 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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