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    OFF-MARKET
    Commercial real estate

    Jefferson Davis Hwy, Ladysmith, VA 22501

    53.26 ac lot Built 1942
    Property ID
    Property summary
    AI-generated overview

    This exceptional 53.26-acre parcel of land is located on Jefferson Davis Hwy. in Ladysmith, Virginia, presenting a significant opportunity for commercial development. The expansive acreage offers considerable flexibility for a variety of projects, from large-scale industrial facilities to expansive retail centers or mixed-use developments. Its strategic location on Jefferson Davis Hwy. ensures high visibility and convenient access for potential customers and employees. The property's size allows for ample space for building construction, parking, and landscaping, accommodating significant future growth. Given its substantial size and prime location, this property represents a rare and valuable investment opportunity in a growing area. The absence of existing structures provides a blank canvas for a custom-designed development, tailored to meet specific business needs. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their intended purpose. The asking price for this exceptional property is $4,600,000. Detailed site surveys and environmental reports are available upon request. This is a unique chance to acquire a large, strategically located commercial property with immense potential.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1942
    Lot 53.26 ac (2,320,006 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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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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