7431 Richmond Hwy, Appomattox, VA 24522-7801
This exceptional commercial property, situated on the heavily trafficked Route 460 in Appomattox, Virginia, presents a unique investment opportunity. The 2.3-acre parcel boasts an impressive 245 feet of road frontage, ensuring high visibility and accessibility for any business. The property includes a substantial 3,290 square foot commercial office building, providing ample space for immediate occupancy or redevelopment. Several additional outbuildings are also present, offering further square footage for storage, expansion, or alternative uses. The property's versatile zoning allows for a wide range of potential uses, including restaurant, office, retail, and medical facilities. Its strategic location offers close proximity to a variety of existing retail and office establishments, creating a synergistic environment for business growth. The combination of high traffic volume, substantial building space, and flexible zoning makes this property an attractive prospect for investors seeking a strong return on investment in a thriving community. The significant road frontage and ample land provide considerable potential for future expansion or redevelopment, catering to a diverse range of business needs. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location.
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
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.