Property profile

0 Robertson Rd Chase City, VA 23924

OFF-MARKET
Land
1.2 ac lot
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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

Location

Robertson Rd Chase City, VA 23924
Chase City metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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