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    2940 Anderson Hwy Powhatan, VA 23139

    Picture of Commercial land at Anderson Hwy 2940, Powhatan, VA
    For Sale
    $160,000

    LAND - Powhatan, VA

    Lot size:
    3.45 Acres
    Days on Market:
    300
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 2940 Anderson Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    040-59C
    Lot size
    3.45 Acres

    United Real Estate Richmond (804) 359-9200 [email protected]

    Listing agent Ford Pham (804) 359-9200 License #0225251421

    Listing date Feb 17, 2025

    MLS# 2503777 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Route 60

    This property offers 3.45 acres of commercial real estate in Powhatan, Virginia. Zoned commercial, the property is located in a prime traffic area on Route 60, offering high visibility. It is situated a short drive from Midlothian and I-288, as well as shopping and dining options. The adjacent lot is also for sale, and both parcels can be sold together or separately. This property presents opportunities for commercial development, with the buyer responsible for researching potential uses with the County of Powhatan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Skin Care Clinic Accounting Firm Storage Facility Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.843134
    Latitude
    37.529501

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    FAQs

    What type of property is this?
    Commercial land - 3.45 acres of commercial land in Powhatan, Virginia.
    Where is this commercial land located?
    The property is located at 2940 Anderson Hwy Powhatan, VA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Prime commercial real estate location on Route 60 with high visibility.; - Priced over $71k less than the 2022 tax assessment.; - Zoned commercial, suitable for development.
    (804) 359-9200
    Request Owner's contact information
    2940 Anderson Hwy Powhatan, VA 23139
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    Powhatan, VA 23139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2940 Anderson Hwy Powhatan, VA 23139
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