Property profile

10340 Lankford Hwy Birdsnest, VA 23307

OFF-MARKET
Retail properties & Spaces
Property ID
US87-2727711
7.46 ac lot
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Property summary

AI-generated overview

This exceptional 7.46-acre commercial property presents a unique investment opportunity on heavily trafficked Route 13 in Northampton County, Virginia's Eastern Shore. The site boasts a prime location with excellent visibility and accessibility, featuring a left-turn median cut for easy ingress and egress. The property includes two substantial buildings totaling approximately 14,420 square feet. One building is a former 15-unit motel, offering approximately 7,135 square feet of potential redevelopment space. The second building is a former restaurant/lounge, encompassing approximately 7,285 square feet, complete with a commercial hood system. This versatile property sits on three parcels and is zoned EBC (Existing Business Commercial) and HR (Hamlet Residential), providing flexibility for a variety of commercial uses. With an impressive 15,615 vehicles passing daily, this location offers unparalleled exposure for any business. The substantial land area provides ample space for expansion, parking, or additional development. This is an ideal opportunity for an investor or developer seeking a high-traffic location with significant potential for redevelopment and growth. The property's size and zoning offer a range of possibilities, from retail and restaurant uses to other commercial ventures. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Lot 7.46 ac (324,958 SF)
UPID US87-2727711

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10340 Lankford Hwy Birdsnest, VA 23307
Birdsnest metro
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Value estimations

Realmo proprietary · 4 methods
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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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