4952 Irish RdSchuyler, VA 22969

  • Retail properties
  • 4,848 SF
For Sale
$350,000 View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
4952 Irish Rd, Schuyler, Virginia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$120,900
$123,000
$243,900
-
$120,900
$123,000
$243,900

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