424 Oakville Rd, Appomattox, VA 24522
This 1.7-acre commercial land parcel in Appomattox, Virginia, presents a prime investment opportunity. Located at 424 Oakville Rd., 24522, the property boasts 300 feet of frontage on Route 26, directly across from Walmart and Murphy USA, ensuring high visibility and accessibility. The site benefits from a daily traffic count of 13,000 vehicles on Route 26, and 17,000 VPD along US-460. The property also includes an additional 112 feet of road frontage at the rear, accessed via Log Cabin Rd and Bible Baptist Rd. Currently featuring a brick ranch home providing rental income, the land is well-suited for redevelopment. Public water is available, and sewer lines are nearby. The lot offers excellent topography. An adjacent 2.61-acre parcel with additional frontage on Route 26 is also available for purchase. The asking price for this exceptional property is $439,000. This location offers unparalleled access to US-460, a major thoroughfare. The property's strategic positioning and high traffic volume make it ideal for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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