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    Property profile & analytics

    4523 Riv Rd North, VA 23128

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 4523 Riv Rd

    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional commercial property located at 4523 East River Road, North, VA 23128, presents a unique investment opportunity. Priced at $105,000, this retail space boasts a captivating blend of old-world charm and modern functionality. The property includes a completely remodeled country store, offering a versatile canvas for a variety of commercial ventures. Imagine transforming this space into a thriving business, whether it's a storage facility, an artist's studio, or a specialty shop like a bait and tackle store. The possibilities are truly endless. Adding to its unique character is a historic old school house situated on the property, providing additional space and a distinct historical element. This property is situated in Mathews County, Virginia, offering a prime location with significant potential for growth and success. The property is zoned for commercial use and is ready for immediate occupancy. The 0-unit property includes land suitable for expansion or additional development. This is a rare opportunity to acquire a piece of history with significant commercial potential. Don't miss out on this chance to own a truly unique and versatile property in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North
    County
    Mathews
    State
    Virginia
    Longitude
    -76.453
    Latitude
    37.4784

    Comparable in this City

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      10290 John Clayton Memorial Hwy

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      $290,000
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      COMMERCIAL (GENERAL) • 0.86 Acres
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      0.70 Acres

      9193 Buckley Hall Rd

      VACANT COMMERCIAL LAND • 0.70 Acres
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    • Value Estimation
      $315,000
      2.00 Acres

      11802 John Clayton Memorial Hwy

      COMMERCIAL (GENERAL) • 2.00 Acres
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    4523 Riv Rd
    North, VA 23128
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    Realmo Value Estimation

    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.

    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.

    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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