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Property profile & analytics

16778 James Anderson Hwy Buckingham, VA 23921-3163

  • Commercial real estate
  • 2.84 lot acres
OFF-MARKET
Value Estimation
$325,000
Location Intelligence
Property ID
US87-2575982
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Buckingham Cycles / Motorcycle Repair Shop

Property Details for 16778 James Anderson Hwy

Lot size
2.84 lot acres
Property type
Commercial real estate
APN
137-124
APU
137124

Description

This exceptional investment opportunity in Buckingham, VA, presents a substantial 18,070 square foot commercial property ideally situated on 2.843 acres with direct highway frontage on Highway 60. The property boasts a substantial 10,000+ square foot brick warehouse, currently generating rental income. In addition to the warehouse, the property includes three separate storage buildings providing a total of 78 individual storage units. Two of these storage buildings each measure 2,520 square feet, while the third offers 3,000 square feet of space. A significant portion of the storage units are also currently leased, contributing to the property's existing income stream. This turnkey investment is poised for continued growth and offers a compelling return on investment. The property's high-traffic location on Highway 60 ensures excellent visibility and accessibility, making it an attractive proposition for both current tenants and future expansion. Detailed lease information is available upon request. This is a rare opportunity to acquire a well-established, income-producing commercial property in a desirable location. Don't miss out on this chance to secure a valuable addition to your investment portfolio.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $305,000
  • CAP approach

    CAP return
    Estimation
    6%
    $420,000
    6.5%
    $390,000
    7%
    $425,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $370,000
    Geo Method
    $430,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $405,000
    Retail
    $375,000
    Mixed-Use
    $380,000
    Hospitality
    $390,000
    Educational
    $370,000
    Residential Income
    $355,000
    Energy
    $470,000
    Income-Based Land
    $430,000
    Food Service
    $435,000

Location Insight

  • Map
  • Local Demand
City
Buckingham
County
Buckingham
State
Virginia
Longitude
-78.4974
Latitude
37.5304

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,218
$127,900
$241,700
$369,600
-
$127,900
$241,700
$369,600
More about this property
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