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    OFF-MARKET
    Land

    0 Main St, Chincoteague, VA 23336

    2.54 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.54-acre parcel of land is situated on South Main Street in Chincoteague, Virginia, zip code 23336. Located along Chincoteague Island's renowned waterfront, this property presents a compelling development opportunity with diverse potential uses. The land is zoned C4, offering flexibility for various projects. Its prime location provides convenient access to the city's amenities and infrastructure. Chincoteague Island's status as a popular tourist destination ensures strong potential for lucrative returns and long-term value appreciation. The area is experiencing rapid growth, attracting regional, national, and international businesses, further enhancing the investment prospects. This competitively priced land offers a unique chance to capitalize on the appeal of Chincoteague Island and establish a successful venture in this thriving real estate market. The property's latitude and longitude coordinates are 37.9321055 and -75.3797331 respectively. The asking price for this exceptional opportunity is $3,200,000.

    Property profile
    Verified
    Property type Land
    Lot 2.54 ac (110,642 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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