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Property profile & analytics
OFF-MARKET
Commercial real estate

3714 Waterlick Rd Forest, VA 24551-1563

1,050 SF 2.31 ac lot Built 2022
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US87-2147926
Property summary
AI-generated overview

This exceptional 2.31-acre commercial property, situated at 3714 Waterlick Road in Forest, Virginia, presents a rare opportunity for a discerning investor or entrepreneur. Currently under construction and sold "as-is," the property boasts a partially completed structure designed as a Railroad Diner. The existing foundation provides a significant head start, eliminating the need for extensive groundwork. Included in the sale are windows and other building materials, ready for installation to complete the diner vision or adapt the space to another commercial use. Infrastructure is already in place, including a strategically positioned entrance and exit, a grease trap, a sediment pond, a well, and a septic system – significantly reducing the upfront costs and complexities associated with new construction. The property's prime location on Waterlick Road offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The possibilities are vast, allowing for creative adaptation to suit diverse business needs. This is a chance to acquire a partially built commercial property with substantial infrastructure already in place, offering significant cost savings and a unique opportunity for customization. The 1 square foot building footprint provides a blank canvas for your vision. Don't miss this chance to own a piece of Forest's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Construction FRAME
Total area 1,050 SF
Lot 2.31 ac (100,406 SF)
Zoning code B-GC
APN 020B-02000-001-0
UPID US87-2147926
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
A And E Enterprises LLC · 5 yrs held
A And E Enterprises LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
B-GC · Forest, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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