4952 Irish RdSchuyler, VA 22969

Property Details for 4952 Irish Rd

Year built

1978

Lot size

11.30 AC

Property size (Sq ft)

4,848 SF

Zone code

RURAL AREAS

Property type

Grocery and convenience stores

APN

12600-00-00-033D0

APU

126000000033D0

Description

This expansive 4,848 square foot retail building presents a remarkable opportunity in Schuyler, VA. Situated on a prominent 12.68-acre lot at 4952 Irish Road, this property boasts high visibility due to its location on a major thoroughfare connecting Route 29 and Scottsville. The building's history as the Briar Fork Grocery Store provides a solid foundation, featuring existing showroom space, ample storage rooms, a dedicated cold storage area, and a convenient loading dock. The property benefits from a clean slate, allowing for complete customization to suit a wide range of business ventures. The generous lot includes a sizable parking area with a pump cover, remnants of a former fuel station (tanks removed in 2005). Beyond the main building, a significant portion of unimproved land offers considerable potential for expansion, gently sloping upward to offer scenic views. A natural creek flows through the property, adding to its unique character. Priced affordably at $350,000, this property represents an exceptional investment and a chance to establish a thriving business in a desirable location. The combination of size, location, and existing infrastructure makes this an unparalleled opportunity for entrepreneurs seeking a substantial footprint in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,696,194

  6.5%

  $1,565,718

  7%

  $1,453,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,442,659

  Geo Method

  $2,442,659

• Alternative Use

  Use

  Valuation

  Residential

  $1,320,742

  Hospitality

  $1,209,792

  Educational

  $1,006,533

  Medical

  $1,041,149

  Retail

  $1,565,718

Location Insight

City

Schuyler

County

Albemarle

State

Virginia

Latitude

37.8122

Longitude

-78.6753

CBSA code

16820

CBSA name

CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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