1658 Mecklenburg Ave La Crosse, VA 23950
This exceptional 8.01-acre commercial land parcel in La Crosse, Virginia, presents a remarkable investment opportunity. Priced at $849,000, this fee-simple property boasts 348,480 square feet of developable land, offering a price per square foot of $2.44. Located at 1658 N Mecklenburg Ave, zip code 23950, the property enjoys a prime location with 175 feet of frontage on US Highway One, providing exceptional visibility and accessibility. Its proximity to Interstate 85 ensures convenient access to major transportation routes. The site benefits from its strategic position across from the entrance to VCU Health Center, and is further enhanced by the presence of established businesses nearby, including a Holiday Inn Express, Love's Truck Stop, and McDonald's. Two restaurants are situated directly across the street, and Highway 138 North is also easily accessible. The property is zoned for General Business use, opening up a wide range of development possibilities. Municipal water is readily available, while sewer connection will require extension from the line at Karobway Furniture. This versatile location offers endless potential for a variety of commercial ventures. The property is situated in Mecklenburg County.
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
Physical attributes from public recordsZoning & alternative use
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.