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Property profile & analytics
OFF-MARKET
Mixed-use properties

1658 Mecklenburg Ave La Crosse, VA 23950

348,480 SF 8.01 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 348,480 SF
Lot 8.01 ac (348,916 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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