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Property profile

Richmond Tappahannock Hyway Cir Manquin, VA 23106

OFF-MARKET
Commercial real estate
2.27 ac lot
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Manquin, Virginia. Located at 0 Richmond Tappahannock Highway Circle, this offering encompasses two separate, level parcels totaling 2.27 acres. The land boasts prime visibility directly on Route 360 (Richmond-Tappahannock Highway), situated at the entrance to the King William Office Park and prominently positioned in front of a substantial 30,000 square foot shopping center. This high-traffic location ensures excellent exposure for any commercial venture. The property is zoned B-2, offering a wide range of potential uses. This presents a flexible investment opportunity, allowing for diverse development possibilities. Alternatively, the seller is open to selling each of the one-acre parcels individually, priced at $175,000 each. This provides a compelling option for investors seeking a smaller footprint or a phased development approach. The level terrain simplifies development, minimizing site preparation costs and expediting project timelines. Don't miss this chance to acquire a strategically located commercial property with significant potential for growth and return on investment in a thriving area. The combination of high visibility, convenient location, and flexible zoning makes this an exceptional opportunity for discerning investors.

Property profile

Verified
Property type Commercial real estate
Lot 2.27 ac (98,881 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Richmond Tappahannock Hyway Cir Manquin, VA 23106
Manquin metro
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Value estimations

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Owner & transaction history

Comparables

3 recent transactions · within 1.5 mi
Comparable in this city
3 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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