18049 Johnsons Mill Rd Sedley, VA 23878
- Investment properties
- 4,680 SF
Current Use by Public Records
- Investment properties
Property Details for 18049 Johnsons Mill Rd
- Year built
- 1966
- Property size
- 4,680 SF
- Zone code
- B-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 47A2 1 50 -51
- APU
- 47A215051
Description
This exceptional commercial property located at 18049 Johnsons Mill Road, Sedley, VA, presents a unique investment opportunity. The single-story building offers approximately 4,700 square feet of flexible retail or shop space, ideal for a variety of businesses. The building boasts a durable metal roof and solid block and brick construction, ensuring longevity and low maintenance. The layout is adaptable, allowing for customization to suit specific operational needs. The property sits on a 0.41-acre lot, providing ample space for parking and potential expansion. There is also the possibility of acquiring adjacent land, offering further development potential. This property is priced competitively at $275,000, making it an attractive proposition for savvy investors seeking a strong return on investment in a desirable location. The building's sturdy construction and versatile design make it a prime candidate for a wide range of commercial uses. Its location in Sedley, VA, offers convenient access to local amenities and transportation routes. Serious inquiries are encouraged to explore this promising opportunity further. The flexible layout and potential for expansion make this a truly exceptional commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $300,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $320,000
- Mixed-Use
- $305,000
- Hospitality
- $300,000
- Educational
- $255,000
- Residential Income
- $315,000
- Energy
- $265,000
- Income-Based Land
- $285,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Sedley
- County
- Southampton
- State
- Virginia
- Longitude
- -76.9838
- Latitude
- 36.7756
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA