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Property profile & analytics
OFF-MARKET
Commercial real estate

16842 James Anderson Hwy Buckingham, VA 23921-3120

6.71 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US87-3260749
Property summary
AI-generated overview

This exceptional commercial property in Buckingham, VA, presents a lucrative investment opportunity. The 3,750 square foot brick office building boasts a consistent monthly income stream, making it an attractive prospect for investors seeking stable returns. Situated on a sizable 6.712-acre lot, the property enjoys significant visibility and accessibility due to its extensive frontage on Highway 60. A paved parking lot provides ample space for tenants and visitors. The location offers convenient access to major regional hubs, including Charlottesville, Richmond, and Lynchburg, enhancing its appeal to a wide range of businesses. Currently serviced by an individual well and septic system, the property also benefits from the availability of public utilities provided by the county, offering future connection options for enhanced infrastructure. The building's solid construction and desirable location combine to create a compelling investment opportunity with significant potential for growth and future development. The property's current income generation, combined with its strategic location and ample land, makes it an ideal acquisition for investors seeking a strong return on investment. Detailed financial information and lease details are available upon request. This is a rare opportunity to acquire a well-established commercial property in a thriving area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 6.71 ac (292,375 SF)
APN 137-121B
UPID US87-3260749
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
Current use
Occupant on record · Public records
  • Natural Resources Conservation Sustainability Organization
  • Peter Francisco Conservation Government
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
SPROUSE LAND & DEVELOPMENT COMPANY
SPROUSE LAND & DEVELOPMENT COMPANY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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