Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Industrial properties

    23147 Prince Edward Hwy, Rice, VA 23966-2403

    1.38 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US87-3246915
    Property summary
    AI-generated overview

    This exceptional 4,260 square foot commercial property, situated on a generous 1.38-acre lot at 23147 Prince Edward Highway in Rice, Virginia, presents a unique investment opportunity. Previously operated as a restaurant, this versatile space offers a cozy atmosphere ideal for a variety of businesses. Imagine transforming this established location into the small business you've always envisioned – a salon, tattoo parlor, photography studio, or even a charming county diner, capitalizing on its existing ambiance and proven potential. The ample square footage provides flexibility for diverse layouts and operational needs. The 1.38-acre lot offers significant potential for expansion or outdoor amenities, enhancing the overall appeal and functionality of the property. Its prime location in Rice, VA ensures high visibility and accessibility for customers. The asking price of $315,000 represents a compelling value for a property with such established character and significant upside potential. This is a rare opportunity to acquire a well-positioned commercial space ready for immediate occupancy and customization to suit your specific business requirements. Don't miss out on this chance to establish your business in a thriving community. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Lot 1.38 ac (60,113 SF)
    APN 040 A 10
    UPID US87-3246915
    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
    • Lib's Place (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pe Highway LLC
    Pe Highway LLC
    since 2025
    Last sale
    $275,000
    3 recorded transactions
    2025
    $275,000
    2022
    $330,000
    2018
    $150,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 23147 Prince Edward Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message