4204 Lankford Hwy Exmore, VA 23315
For Sale
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This exceptional 0.53-acre commercial property at 4204 Lankford Highway in Exmore, VA, presents a fantastic opportunity for small businesses. Strategically located near shopping centers, this parcel boasts excellent visibility to traffic traveling both north and south, thanks to its placement at a traffic light. The property includes an existing structure featuring a private office, a bathroom, and a spacious reception area or potential co-working space. This versatile building offers immediate occupancy for a business seeking a ready-made space. Alternatively, the lot provides the ideal site for a build-to-suit project, allowing for the construction of a custom-designed building tailored to specific business needs. The location's proximity to shopping centers ensures high foot traffic and visibility, making it an attractive proposition for a variety of businesses. The property's size and existing infrastructure make it a highly desirable investment opportunity in a thriving commercial area. The asking price is $125,000. This is a rare chance to acquire a well-situated commercial property in Exmore, offering both immediate usability and future development potential. Don't miss this chance to establish your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.