0 Waddell Ln South Boston, VA 24592
This exceptional opportunity presents 33 residential lots for sale via a live foreclosure auction, conveniently located in the Waddell Woods Subdivision of South Boston, Virginia. The property, encompassing approximately 60 acres (divided into two tracts), is zoned R-1 Residential, offering significant potential for residential development. Tract 1, featuring 9 lots on Powell Court, totals 1.386 acres with a tax assessment of $217,088. Tract 2, comprising 24 lots on Waddell Lane and Loves Court, covers 4.616 acres and boasts a tax assessment of $670,200. The lots are situated near key amenities, including Walmart, Lowe's, various shops and restaurants, Halifax County High School, Sentara Halifax Regional Hospital (2 miles), and South Boston Speedway (3 miles). Public water and sewer are available. The auction will be held off-site at Factory Street Brewing, with online and phone bidding options. The property is sold "as-is" to the highest bidder, with the note holder reserving the right to bid. A clear title, free of liens, will be provided by the seller. A 10% deposit is due on the day of sale, with closing anticipated within approximately 30 days. A 5% buyer's premium applies. Self-guided tours are available during daylight hours. Preview dates are scheduled for Thursday, November 21st (3-5 PM) and Tuesday, November 26th (Noon-2 PM). Detailed terms and conditions are available upon request. APN: 29824-27, 29771-297800.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.