Technical
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Property profile

00 Lumberlost Rd Weems, VA 22576

OFF-MARKET
Land
0.67 ac lot
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Property summary

AI-generated overview

This exceptional 0.67-acre commercial lot is situated on Lumberlost Road in Weems, Virginia, within Lancaster County. Zoned for residential use, this property presents a unique opportunity for developers or investors seeking a strategic location. The land is wooded, offering a tranquil setting while remaining conveniently close to the vibrant towns of Irvington and Kilmarnock. Its proximity to boat ramps provides easy access to the water, making it attractive for businesses catering to boating enthusiasts or those seeking waterfront proximity. The location also offers easy access to a variety of dining and entertainment options, enhancing its appeal to both residents and visitors. The asking price for this 0.67-acre parcel is $11,900, making it a compelling investment opportunity in a desirable area of Virginia's Northern Neck. The property's address is 00 Lumberlost Rd, Weems, VA 22576. The lot's size and location make it suitable for a variety of commercial ventures, subject to obtaining the necessary permits and approvals. This property offers a blend of natural beauty and convenient access to amenities, making it a highly attractive proposition.

Property profile

Verified
Property type Land
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Lumberlost Rd Weems, VA 22576
Weems metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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