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    124 Freedom Trl Gordonsville, VA 22942

    • Retail properties
    • 13.90 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Discount Store / Home Goods Store

    Property Details for 124 Freedom Trl

    Lot size
    13.90 lot acres
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional 13.9-acre property in Gordonsville, Virginia, presents a unique development opportunity. Located at 124 Freedom Trail, Zion Crossroads, VA 22942, this strategically positioned land boasts high traffic counts due to its proximity to Route 15. The property is zoned C-2, offering versatility for a range of commercial, industrial, multifamily, retail, or self-storage projects. The land is comprised of two easily divisible parcels: a larger 12.7-acre parcel and a smaller 1.2-acre parcel, allowing for flexibility in development plans and potential for multiple buyers. This prime location in Louisa County offers excellent access to major transportation routes, making it an attractive investment for developers seeking high visibility and convenient access for their projects. The property's size and zoning provide ample opportunity for a variety of uses, catering to diverse development needs. Detailed surveys and site plans are available upon request. This is an exceptional chance to acquire a significant piece of land in a thriving area with strong potential for future growth and return on investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gordonsville
    County
    Louisa
    State
    Virginia
    Longitude
    -78.2078
    Latitude
    37.9837

    Comparable in this City

    • Value Estimation
      $305,000
      18.91 Acres

      Gordonsville, VA 22942

      COMMERCIAL (GENERAL) • 18.91 Acres
      Gordonsville, VA 22942
      View Details
    • Value Estimation by Request

      204 Central St

      COMMERCIAL (GENERAL)
      204 Central St, Gordonsville, VA 22942-9175
      View Details
    • Value Estimation by Request

      Commerce St

      COMMERCIAL (GENERAL)
      Commerce St, Gordonsville, VA 22942
      View Details
    • Value Estimation
      $285,000
      1.50 Acres

      Duke St

      COMMERCIAL (GENERAL) • 1.50 Acres
      Duke St, Gordonsville, VA 22942
      View Details
    • Value Estimation by Request

      Main St

      COMMERCIAL (GENERAL)
      Main St, Gordonsville, VA 22942
      View Details
    • Value Estimation
      $280,000
      2.00 Acres

      Old Barboursville Rd

      COMMERCIAL (GENERAL) • 2.00 Acres
      Old Barboursville Rd, Gordonsville, VA 22942
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13.90 Acres

      Prime Gordonsville Development Land

      13.9 Acres, Multiple Parcels, High Traffic
      124 Freedom Trl, Gordonsville, VA 22942
      View Details
    • Contact for pricing
      128.70 Acres

      Zion Crossroads Development Land

      128.7 Acres, Multi-Use Potential
      11518 James Madison Hwy, Gordonsville, VA 22942
      View Details
    • $257,000

      Land For Sale

      Land available for sale.
      East St, Gordonsville, VA 22942
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    • $350,000

      31.2 Acres in Gordonsville, VA

      31.2 acres in Gordonsville, Virginia, ideal for recreation/investment.
      00 Justice Dr, Gordonsville, VA 22942
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    • $1,250,000

      Land For Sale

      Land available for purchase.
      14603 Cox Mill Rd, Gordonsville, VA 22942
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    • $119,900
      0.45 Acres

      Land Near Lake Izac

      Land near Lake Izac with resort amenities and outdoor activities.
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    Similar Nearby for Lease

    • Contact for pricing
      6,200 SF

      Retail Space Near Major Retailers

      Retail space with high visibility and easy highway access.
      65 Market St, Gordonsville, VA 22942
      View Details
    • Contact for pricing

      Gordonsville Commercial Land for Lease

      Commercial land available for lease in Gordonsville, Virginia.
      75 Circle Pointe Dr, Gordonsville, VA 22942
      View Details
    • $22 SF/Yr
      3,800 SF

      Office Space in Zion Crossroads

      Office space available in Spring Creek Business Park.
      134 Wood Ridge Ter, Zion Crossroads, VA 22942
      View Details
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    124 Freedom Trl
    Gordonsville, VA 22942
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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