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    Property profile & analytics

    16842 James Anderson Hwy Buckingham, VA 23921-3120

    • Commercial real estate
    • 6.71 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US87-3260749
    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

    • Natural Resources Conservation / Conservation Department
    • Peter Francisco Conservation / Government

    Property Details for 16842 James Anderson Hwy

    Lot size
    6.71 lot acres
    Property type
    Commercial real estate
    APN
    137-121B
    APU
    137121B

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $400,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $340,000
      Mixed-Use
      $410,000
      Hospitality
      $370,000
      Educational
      $370,000
      Residential Income
      $335,000
      Energy
      $375,000
      Income-Based Land
      $430,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Buckingham
    County
    Buckingham
    State
    Virginia
    Longitude
    -78.4945
    Latitude
    37.5295

    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
    $2,481
    $147,700
    $265,800
    $413,500
    -
    $147,700
    $265,800
    $413,500

    Comparable in this City

    • Value Estimation by Request
      1.39 Acres

      10409 James Anderson Hwy

      COMMERCIAL (GENERAL) • 1.39 Acres
      10409 James Anderson Hwy, Buckingham, VA 23921-3142
      View Details
    • Value Estimation
      $370,000
      2.00 Acres

      21 Manteo Rd

      COMMERCIAL (GENERAL) • 2.00 Acres
      21 Manteo Rd, Buckingham, VA 23921
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    • Value Estimation by Request
      2.17 Acres

      4151 Oak Hl Rd

      COMMERCIAL (GENERAL) • 2.17 Acres
      4151 Oak Hl Rd, Buckingham, VA 23921-3413
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    • Value Estimation by Request
      4.89 Acres

      3860 Oak Hl Rd

      COMMERCIAL (GENERAL) • 4.89 Acres
      3860 Oak Hl Rd, Buckingham, VA 23921-2033
      View Details
    • Value Estimation
      $350,000
      0.95 Acres

      13115 James Anderson Hwy

      COMMERCIAL (GENERAL) • 0.95 Acres
      13115 James Anderson Hwy, Buckingham, VA 23921-3159
      View Details
    • Value Estimation by Request
      2.00 Acres

      74 Firehouse Rd

      COMMERCIAL (GENERAL) • 2.00 Acres
      74 Firehouse Rd, Buckingham, VA 23921-2526
      View Details

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    16842 James Anderson Hwy
    Buckingham, VA 23921-3120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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