106 Bridge StFarmville, VA 23901
- Mixed-use properties
- 1.45 AC
Property Details for 106 Bridge St
- Lot size
- 1.45 AC
- Property type
- Mixed-use properties
- Property subtype
- Other industrial properties
- APN
- 023A4237 1B1
- APU
- 023A42371B1
Description
This exceptional 2,172 square foot commercial building presents a fantastic opportunity in the heart of Farmville, Virginia. Situated on a 1.45-acre lot, the property boasts ample paved parking for employees and clients. The well-maintained, two-story structure features a thoughtfully designed interior layout including multiple offices, a dedicated conference area, a convenient kitchen, and two half-bathrooms. Enhancements include a landscaped yard and a large welcoming front porch, complemented by convenient handicap access at the rear of the building. Its prime location places it within easy reach of Main Street and Longwood University, ensuring high visibility and accessibility. The property is zoned B2 and benefits from connection to town utilities, with fiber internet availability. This turnkey solution is ideal for businesses seeking to establish a presence or expand their operations in a thriving community. The building's quality construction and desirable features make it an exceptional investment opportunity. Don't miss this chance to secure a prominent commercial space in a vibrant and growing area. The asking price is $369,900.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $11,739,305
- 6.5%
- $10,836,282
- 7%
- $10,062,262
-
Comparable approach
- Method
- Valuation
- Relative Method
- $22,534,126
- Geo Method
- $22,534,126
-
Alternative Use
- Use
- Valuation
- Residential
- $10,836,282
- Hospitality
- $9,925,976
- Educational
- $8,258,296
- Medical
- $8,542,311
- Retail
- $12,846,237
Location Insight
- City
- Farmville
- County
- Prince Edward
- State
- Virginia
- Latitude
- 37.2996
- Longitude
- -78.3893
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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