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Property profile & analytics

18049 Johnsons Mill Rd Sedley, VA 23878

  • Investment properties
  • 4,680 SF
Value Estimation
Last Sale
Nov 02, 2023
$245,000
Location Intelligence
Property ID
US87-1669127
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

  • 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

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

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
2023
$1,550
$24,000
$150,200
$174,200
-
$24,000
$150,200
$174,200
More about this property
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