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Property profile & analytics
OFF-MARKET
Commercial real estate

256 Main St Kilmarnock, VA 22482

5.07 ac lot
Property ID
US87-2550567
Property summary
AI-generated overview

This exceptional 5.07-acre commercial land parcel presents a remarkable development opportunity in the thriving town of Kilmarnock, Virginia. Located at 238-256 North Main Street, this property boasts a highly desirable C2 zoning classification, permitting a diverse range of uses including retail, office, and mixed-use developments. The expansive lot offers significant potential for a variety of projects, capitalizing on its strategic location adjacent to the Kilmarnock Town Center park. This prime location ensures high visibility and convenient access for potential businesses and customers. The property's proximity to Lancaster Elementary School and a variety of local shopping options further enhances its appeal. Established businesses in the immediate area include Wendy's, Subway, Dairy Queen, Food Lion, Pizza Hut, and Walmart, indicating a strong and established retail presence. The asking price for this exceptional property is $970,000. This represents a unique chance to acquire a substantial land holding in a vibrant and growing community, poised for significant future development and return on investment. The property's address is 256 N Main St, Kilmarnock, VA 22482.

Property profile
Verified
Property type Commercial real estate
Lot 5.07 ac (220,849 SF)
UPID US87-2550567
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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