Land and redevelopment opportunity at 8427 Claystreet Rd, Ford, VA 23850, featuring an existing 3-bedroom, 1-bathroom home with approximately 1,056 sqft, built in 1976, on approximately 1 acre.
The property is vacant, gutted, and currently uninhabitable, with utilities off, no HVAC, roof damage, reported foundation problems, and missing doors. Existing well and septic systems are present, but their condition is unverified.
Potential strategies include evaluating the existing structure for extensive rehabilitation or clearing the site for future use, subject to inspections and approvals. Rehabilitation feasibility, buildability, and investor returns have not been established.
Transaction Details
Closing Date: ASAP!
Occupancy: Vacant
Access instructions: Contact us to arrange a walkthrough
Earnest money required:$5,000
Property Condition
Roof: Damaged, with roof-edge and eave deterioration noted. Age, decking condition, and repair-versus-replacement scope unverified.
HVAC: No HVAC system reported; installation required if the existing home is retained.
Plumbing: Private well and septic. Water is off; plumbing, well operation, and septic condition/capacity require inspection.
Electrical: Electricity is off. Wiring, panel, service capacity, and restoration requirements unverified.
Foundation: Foundation problems reported. Records describe a concrete/block crawlspace, while other notes describe a slab. Foundation type, structural condition, and rehabilitation feasibility require verification.
Interior: Gutted, with extensive reconstruction needed if retained. Interior inspection is required to determine framing condition and the scope for insulation, walls, kitchen, bathroom, and finishes.
Other Property Details: Missing doors/open doorway, worn or damaged siding, deteriorated porch, overgrown vegetation, and scattered tires/trash noted. Public paved-road frontage reported. Windows, water heater, appliances, and any outbuilding require verification.
Comparable Properties
9919 Duncan Rd, North Dinwiddie, VA 23803 — $42,500: 43,560 sqft lot / 1 acre | Beds/baths: N/A — land sale | Sold 10/23/2026. Mobile-home removal assigned to buyer; well/septic unwarranted.
10005 Duncan Rd, North Dinwiddie, VA 23803 — $42,500: 43,560 sqft lot / 1 acre | Beds/baths: N/A — land sale | Sold 10/23/2026. Mobile-home removal assigned to buyer. Adjacent to the first comparable; the sales may be related.
10407 Doyle Blvd, McKenney, VA 23872 — $38,450: Approximately 25,265 sqft lot / 0.58 acre | Beds/baths: N/A — land sale | Sold 09/25/2026. Existing garage and paved driveway, with public water/sewer at the street.
Next Steps
Contact us if you need more information
Schedule a property walkthrough
Make an offer directly on this page
Sign assignment agreement
Disclaimers
IMPORTANT: This landing page represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.
Time-sensitive opportunity - this contract is being offered to multiple investors
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $225,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $86,000.