3910-4186 Richmond Rd, Warsaw, VA 22572
This exceptional 10.7-acre commercial parcel presents a remarkable development opportunity in Warsaw, VA. Strategically located on Richmond Road (Rt. 360), this C-2 zoned property boasts approximately 620 feet of road frontage, offering unparalleled visibility and accessibility. The site benefits from convenient access via a median cut and turnout lane from the westbound direction of Rt. 360, as well as a right-of-way access point at the McDonald's entrance. This prime location places the property at the gateway to the Town of Warsaw, ensuring high traffic volume and exposure. Existing infrastructure is readily available, including public water, sewer, and electric services conveniently located at both the front and rear of the property. The Richmond County General Commercial zoning permits a diverse range of retail and service uses, easily accommodating necessary parking requirements. This property's location is further enhanced by its proximity to established businesses, including Food Lion, McDonald's, Hardee's, NAPA Auto Parts, Rite Aid, Dollar General, and Family Dollar, creating a strong retail synergy and attracting a substantial customer base. This is an exceptional opportunity to establish a thriving commercial venture in a high-demand area. The asking price is $499,000.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.