427 Grafton Dr Yorktown, VA 23692
For Sale
This exceptional two-acre commercial land parcel presents a unique investment opportunity in the desirable Yorktown, Virginia area. Conveniently situated just off George Washington Highway, this property boasts a highly visible location with excellent access to major transportation routes. Zoned GB, the land offers considerable flexibility for a variety of commercial uses, making it ideal for developers or businesses seeking a strategic location to establish or expand their operations. The lot is partially cleared, simplifying site preparation and reducing development costs. With its expansive size and prime location, this property offers significant potential for substantial return on investment. The asking price is $275,000. The property is located at 427 Grafton Dr, Yorktown, VA 23692, within York County. Its convenient access to George Washington Highway ensures high visibility and easy accessibility for customers and employees. This is a rare opportunity to acquire a sizable commercial lot in a thriving area with strong growth potential. Don't miss out on this chance to secure a valuable asset in a prime location. The property's 2-acre size provides ample space for a variety of development projects, catering to diverse business needs. The GB zoning designation allows for a range of commercial uses, offering flexibility and potential for future expansion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
GENERAL BUSINESS · Yorktown, VAYorktown. Always verify with local authorities before improvements.
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.