$5,926,000
PENDING

8448 Ladysmith Rd Ruther Glen, VA 22546

Estimated payment $32,671/month

Total Views 12,859
126 Acres
$47,136 Price per Acre
5,476,364 Sq Ft Lot

About This Lot

Prime Development Opportunity in Caroline County, Virginia

Overview

This exceptional property, strategically located at Ladysmith Road and I95 in Caroline County, Virginia, presents a remarkable opportunity for commercial and industrial development. Wrapping around the popular Virginia Bazaar, the land is equipped with essential utilities including electricity, public water, and sewer available at the street, making it an ideal choice for diverse development projects.

Property Features
The property features electricity, public water, and sewer at the street. It is partially cleared and includes a medium-sized pond.

Purchase Options
The property is available for purchase as a whole or as subdivided lots:

Parcel A: 69.8 +/- Acres (Including Pond)
Price: $2,750,000
Featuring a scenic medium-sized pond, this parcel provides a picturesque setting for a variety of industrial or commercial uses, with extensive space for large-scale projects.

Parcel B: .89+/- Acres
Price: $340,000
Commercial lot zoned B-1, this is the old Texaco gas station site. The zoning will allow for many different business types.

Parcel C: 29.92 +/- Acres
Price: $1,800,000
Ideal for commercial enterprises, this parcel offers ample space for development with convenient access to utilities.

Parcel D: 28 +/- Acres (Subdivided into 20.6, 1.3, and 6.1 acres)
Price: $1,0360,000
This subdivided parcel is perfect for smaller development initiatives, offering flexibility with three distinct sections that can be developed individually or together.

Location

The property’s proximity to the Virginia Bazaar ensures high visibility and accessibility, making it a prime spot for businesses looking to establish a strong presence in Caroline County.
Don’t miss out on this unique opportunity to secure prime real estate in a growing area. Whether you’re looking to invest in commercial or industrial development, this property offers the potential and flexibility to meet your needs.

Listing Agent

George Azzouz

CENTURY 21 New Millennium License #0225088486 Listed on: 07/05/2024

CENTURY 21 New Millennium

Co-Listing Agent

Andrew Azzouz

CENTURY 21 New Millennium License #0225267284

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,580

Lot Details

  • 125.72 Acre Lot
  • Additional Parcels
  • Property is zoned RP, RURAL PRESERVATION

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 53-A-64

Property Details

Property Type

Land

Est. Annual Taxes

$4,580

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant, Residential, Commercial
  • Expected On Market: 7/5/2024 12:00:00 AM
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Prime Development Opportunity in Caroline County, Virginia Overview This exceptional property, strategically located at Ladysmith Road and I95 in Caroline County, Virginia, presents a remarkable opportunity for commercial and industrial development. Wrapping around the popular Virginia Bazaar, the land is equipped with essential utilities including electricity, public water, and sewer available at the street, making it an ideal choice for diverse development projects. Property Features The property features electricity, public water, and sewer at the street. It is partially cleared and includes a medium-sized pond. Purchase Options The property is available for purchase as a whole or as subdivided lots: Parcel A: 69.8 +/- Acres (Including Pond) Price: $2,750,000 Featuring a scenic medium-sized pond, this parcel provides a picturesque setting for a variety of industrial or commercial uses, with extensive space for large-scale projects. Parcel B: .89+/- Acres Price: $340,000 Commercial lot zoned B-1, this is the old Texaco gas station site. The zoning will allow for many different business types. Parcel C: 29.92 +/- Acres Price: $1,800,000 Ideal for commercial enterprises, this parcel offers ample space for development with convenient access to utilities. Parcel D: 28 +/- Acres (Subdivided into 20.6, 1.3, and 6.1 acres) Price: $1,0360,000 This subdivided parcel is perfect for smaller development initiatives, offering flexibility with three distinct sections that can be developed individually or together. Location The property’s proximity to the Virginia Bazaar ensures high visibility and accessibility, making it a prime spot for businesses looking to establish a strong presence in Caroline County. Don’t miss out on this unique opportunity to secure prime real estate in a growing area. Whether you’re looking to invest in commercial or industrial development, this property offers the potential and flexibility to meet your needs.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.08
  • Street Number Modifier: 8448

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Access - On Grade, Black Top, Us Highway/Interstate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Electric Available, Water Available, Sewer Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141079578
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Land Use Code: 002
  • Lot Size Acres: 125.72
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5476363.20
  • Year Assessed: 2023
  • Zoning: RP
  • Zoning Description: RURAL PRESERVATION
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4580.00
  • Assessor Parcel Number: 53-A-64
  • Tax Lot: 64
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,382 $569,100 $402,800 $166,300
2024 $2,389 $310,200 $310,200 $0
2023 $2,389 $310,200 $310,200 $0
2022 $2,389 $310,200 $310,200 $0
2021 $2,389 $310,200 $310,200 $0
2020 $1,626 $195,900 $155,100 $40,800
2019 $1,626 $195,900 $155,100 $40,800
2018 $1,626 $195,900 $155,100 $40,800
2017 $1,626 $195,900 $155,100 $40,800
2016 $1,606 $195,900 $155,100 $40,800
2015 $1,501 $208,500 $155,100 $53,400
2014 $1,501 $208,500 $155,100 $53,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Pending -- -- --
07/25/2024 07/25/24 Price Changed $5,926,000 +9.9% --
07/05/2024 07/05/24 For Sale $5,390,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: VACV2006186

Bright MLS

APN: 53-A-63