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    OFF-MARKET
    Land

    47 Hwy, Chase City, VA 23924

    0.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.59-acre commercial lot, identified as Lot 20 on Highway 47 in Chase City, Virginia, presents a unique opportunity for investors and developers. Located in Mecklenburg County, zip code 23924, this property boasts an AG zoning designation, opening doors to a variety of potential uses. The asking price is $7,250. Situated conveniently along Highway 47, this land offers excellent visibility and accessibility. While a perc test is recommended to confirm buildability, the potential for development is significant. The property's location just outside Chase City in Southside Virginia provides a blend of rural tranquility and convenient access to local amenities. This is an ideal site for those seeking a commercial venture in a peaceful, yet accessible setting. The latitude and longitude coordinates are 36.8142221 and -78.4143125 respectively. Serious inquiries are encouraged to explore the possibilities this land offers. The property is classified as commercial land and is ready for its next chapter. Don't miss this chance to acquire a piece of land with significant potential in a desirable location.

    Property profile
    Verified
    Property type Land
    Lot 0.59 ac (25,700 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
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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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