$35,000
SOLD SEP 20, 2024

0 Thomas Nelson Hwy Unit 16, 17, 18 637562 Lovingston, VA 22949

1.99 Acres
$17,588 Price per Acre
86,684 Sq Ft Lot

Recently Sold

29% Below List Price

603 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA

About This Lot

As of September 2024

Reduced and great opportunity to own a commercial parcel for future use or investment; motivated seller especially with a quick closing. Three commercial and/or industrial lots along well traveled Route 29 in the heart of Lovingston near the signal light intersection; rare opportunity to own 3 parcels with almost 2 acres in total. Parcels are in Nelson County with Limited Industrial M-1 designation with by right uses for distillery, brewery, winery, manufacturing, assembly, data processing, warehousing, wholesaling, telemarketing, office complex, public utility, communication towers, wind energy, etc? with other possibilities as accessory uses or special permit uses. Access to public water/sewer. Overlays of lot lines in pictures are estimations. Survey copy is available; a number of pins/corners marked with survey ribbon. Land appears to slope down from Route 29 with an old ramp (NOT drivable) at break in guard rail along 29 at lot 18; once on lot the parcel is nearly level.

Last Agent to Sell the Property

MARLO ALLEN

MOUNTAIN AREA NEST REALTY License #0225083760[1514] Listed on: 01/05/2023

Last Buyer's Agent

Kate Farley

WINTERGREEN REALTY, LLC License #0225245614[8769]

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $146

Lot Details

  • 1.99 Acre Lot
  • Wooded Lot
  • Property is zoned M-1, Industrial (Limited)

Property Views

  • Woods
  • Mountain

Schools

  • Tye River Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$146

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Vacant, Commercial
  • Remarks Public: Reduced and great opportunity to own a commercial parcel for future use or investment; motivated seller especially with a quick closing. Three commercial and/or industrial lots along well traveled Route 29 in the heart of Lovingston near the signal light intersection; rare opportunity to own 3 parcels with almost 2 acres in total. Parcels are in Nelson County with Limited Industrial M-1 designation with by right uses for distillery, brewery, winery, manufacturing, assembly, data processing, warehousing, wholesaling, telemarketing, office complex, public utility, communication towers, wind energy, etc? with other possibilities as accessory uses or special permit uses. Access to public water/sewer. Overlays of lot lines in pictures are estimations. Survey copy is available; a number of pins/corners marked with survey ribbon. Land appears to slope down from Route 29 with an old ramp (NOT drivable) at break in guard rail along 29 at lot 18; once on lot the parcel is nearly level.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 17587.94

Exterior Features

  • Construction Completed: No
  • View: Mountain, Trees/Woods
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling: No
  • Electricity On Property: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Internet Services: Fiber Optic, Other

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NELSON COUNTY PUBLIC SCHOOLS
  • Elementary School: TYE RIVER
  • Middle School: NELSON
  • High School: NELSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052214
  • School District Source: Listing Agent
  • Elementary School: TYE RIVER
  • High School: NELSON
  • Middle Or Junior School: NELSON

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 1.99
  • Zoning: M-1
  • Zoning Description: Industrial (Limited)

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 146.00
  • Tax Year: 2023
  • Close Date: 09/20/2024

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $35,000 -10.3% --
08/30/2024 08/30/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $39,000 -20.4% --
01/08/2024 01/08/24 For Sale $49,000 0.0% --
01/08/2024 01/08/24 Price Changed $49,000 -16.9% --
12/02/2023 12/02/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $59,000 -33.7% --
01/05/2023 01/05/23 For Sale $89,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 637562

Bright MLS