Property profile

Metompkin Rd Parksley, VA 23421

FOR SALE
Residential land & home lots
Property ID
US87-2578915
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Property summary

AI-generated overview

This waterfront property consists of 91.78 acres on Gargatha Creek. Boat ramp located close by, perfect to launch your boat for a day retreat to the barrier islands or a day of fishing! Numerous options for this land! The property maybe sold as a 91.78 acre farm or as a subdivision of (16) farmettes/ estate lots ranging from 5 to 6.5 acres. Septic evaluations have been completed. The Gargatha public boat ramp is within 2.5 miles with ocean access. The property is within 8 miles of NASA's Wallops Island Flight Facilities! -Approximately 92- Acres -16 lot residential subdivision. -Near NASA's Wallops Island Facilities and ESVA beaches.

Property profile

Verified
Property type Residential land & home lots
UPID US87-2578915

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Metompkin Rd Parksley, VA 23421
Parksley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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