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    OFF-MARKET
    Land

    0 Robertson Rd, Chase City, VA 23924

    1.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.2-acre commercial lot, located on Robertson Road in Chase City, Virginia (zip code 23924), presents a unique investment opportunity. Zoned AG, this property offers significant potential for various commercial ventures. Its expansive size provides ample space for development, allowing for flexibility in design and construction. The location offers a blend of tranquility and accessibility. Situated just outside Chase City, it provides a peaceful setting while remaining conveniently close to major transportation routes. The property is approximately 1.5 hours from both Richmond and Raleigh, offering easy access to larger metropolitan areas and their associated markets. Furthermore, the recreational opportunities of Buggs Island/Kerr Lake, a 50,000-acre lake, are only a 20-minute drive away. This strategic location combines the benefits of a serene environment with excellent connectivity, making it an attractive proposition for businesses seeking a balance between tranquility and accessibility. The asking price for this remarkable property is $20,000. This represents a compelling value for a commercial lot of this size and location, presenting a strong return on investment potential. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property profile
    Verified
    Property type Land
    Lot 1.2 ac (52,272 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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