1001 Third St Farmville, VA 23901
This exceptional commercial property, located at 1001 East Third Street in Farmville, Virginia, presents a unique investment opportunity. Priced at $375,000, the property encompasses both office space and land, offering significant potential for a variety of uses. The building's excellent location provides tremendous drive-by exposure, making it ideal for establishing a business or generating rental income by leasing to other tenants. The address is 1001 East Third Street, Farmville, VA 23901, situated within Prince Edward County. The property's precise geographic coordinates are latitude 37.2960771 and longitude -78.3812674. The property is classified as commercial, with no individual units specified. The existing office space offers a fantastic setting for a business seeking a high-visibility location. The inclusion of land provides additional flexibility and potential for future development or expansion. This property is a rare find in a desirable location, offering a blend of immediate usability and long-term growth potential. The asking price represents a compelling entry point into the Farmville commercial real estate market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for commercial use.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.