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    041-12A Anderson Hwy Powhatan, VA 23139

    For Sale
    $1,299,000

    High-visibility commercial lot, 31.2 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 31.2-acre commercial property boasts 734 feet of frontage on Anderson Highway in Powhatan, Virginia. Its prime location offers unparalleled visibility and accessibility for businesses seeking high-traffic exposure. The property features a median cut on both sides of the parcel, enhancing visibility and providing convenient access points. A significant advantage is the availability of water on-site, simplifying development and reducing infrastructure costs. Furthermore, this land is designated as a Gateway Business in the Powhatan Comprehensive Plan, indicating its strategic importance for economic development and suggesting potential for expedited permitting processes. The expansive acreage provides ample space for a variety of commercial ventures, from retail and office spaces to light industrial uses. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location with excellent infrastructure and future development potential. The property's high visibility and convenient access make it an ideal location for businesses seeking to establish a strong presence in the Powhatan market. Serious inquiries are encouraged.

    Property Features for 041-12A Anderson Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,359,072 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    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
    -77.73237
    Latitude
    37.50597

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility commercial lot, 31.2 acres.
    Where is this commercial real estate located?
    The property is located at 041-12A Anderson Hwy Powhatan, VA.
    What is the asking price?
    The asking price for this property is $1,299,000.
    (804) 270-9440
    Request Owner's contact information
    041-12A Anderson Hwy 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
    041-12A Anderson Hwy Powhatan, VA 23139
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