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Property profile

284 Weems Rd Weems, VA 22576

OFF-MARKET
Land
13.02 ac lot
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Property summary

AI-generated overview

This exceptional 13.017-acre commercial land parcel presents a unique investment opportunity in the desirable Weems, Virginia area. Conveniently located near Kilmarnock, White Stone, and Irvington, this property offers unparalleled versatility. The land is primarily level, featuring 11.2 acres on the south side of Weems Road and 1.8 acres on the north side, allowing for flexible development options. Zoned R-1, the property is suitable for various commercial ventures, including potential subdivision for multiple homes. A perc test has already been completed; details are available upon request. Its strategic location provides easy access to local amenities, including the Compass Entertainment complex, featuring a restaurant, movie theatre, and family-friendly attractions. The property's natural beauty also offers recreational opportunities, with excellent deer and turkey hunting. The southern boundary abuts Historic Christchurch land on Gaskins Road, while the northern boundary faces Weems Road. This is a rare chance to acquire a large, well-situated tract of land with significant development potential in a thriving Northern Neck community. The property's size and zoning make it ideal for a variety of commercial uses, offering a strong return on investment. Don't miss this chance to own a piece of the Northern Neck. The asking price is $62,000. The zip code is 22576.

Property profile

Verified
Property type Land
Lot 13.02 ac (567,021 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

284 Weems Rd Weems, VA 22576
Weems metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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