Property profile

1291 Buffalo Creek Rd Buffalo Junction, VA 24529

OFF-MARKET
Land
Property ID
US87-2490925
0.4 ac lot
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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 Land
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

Location

1291 Buffalo Creek Rd Buffalo Junction, VA 24529
Buffalo Junction 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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