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Property profile & analytics
OFF-MARKET
Land

0 Waddell Ln South Boston, VA 24592

0.83 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.83 ac (36,155 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
AI Approach AI
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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