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    OFF-MARKET
    Commercial real estate

    1291 Buffalo Creek Rd, Buffalo Junction, VA 24529

    0.4 ac lot
    Property ID
    US87-2490925
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a 0.4-acre commercial lot situated in Buffalo Junction, Virginia, within Mecklenburg County (zip code 24529). This property boasts breathtaking views of Kerr Lake (also known as Buggs Island Lake), offering significant potential for various commercial ventures. The land is conveniently located at 1291 Buffalo Creek Road, with GPS coordinates 36.6539925 latitude and -78.6375022 longitude. The asking price for this remarkable property is $299,000. While the existing structure on the property is a two-bedroom home of approximately 928 square feet, the focus of this listing is the commercial land itself. The home features a covered porch and deck, providing ample outdoor space overlooking the lake. A detached two-car carport and a sizable workshop with a roll-up door are also included. The gentle slope to the lake allows for easy access to the waterfront, suitable for foot traffic or golf cart use. This property presents a unique blend of recreational and commercial potential, ideal for investors seeking a prime location on Kerr Lake. The property's proximity to the lake offers exceptional recreational opportunities, including fishing and boating, further enhancing its appeal. This is a rare opportunity to own a piece of Kerr Lake's captivating waterfront.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.4 ac (17,424 SF)
    UPID US87-2490925
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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