Property profile

47 Hwy Chase City, VA 23924

OFF-MARKET
Land
0.59 ac lot
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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

Location

47 Hwy Chase City, VA 23924
Chase City metro
Google Maps

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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