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    3510 Anderson Hwy Powhatan, VA 23139

    For Sale
    $565,000

    High-traffic location, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 0-acre commercial parcel boasts 550 feet of road frontage on US Route 60 in Powhatan, Virginia. Its Commerce Center zoning designation unlocks a wide array of development possibilities, encompassing 82 permitted uses, 21 conditional uses, and 23 accessory uses. This presents a unique opportunity for investors seeking high-visibility commercial development. The property's strategic location benefits significantly from the recent rezoning of an adjacent 36.8-acre parcel to Commerce Center zoning. This neighboring development will generate substantial customer traffic and foot traffic, creating a vibrant and attractive commercial environment. Furthermore, an internal road network ensures convenient access to the property, simplifying logistics and enhancing its appeal. The presence of established businesses, including a doctor's office and physical therapy clinic, directly behind the parcel, provides an existing customer base and further enhances the property's value and potential. This prime location, coupled with the expansive zoning allowances and the positive impact of nearby development, makes this parcel an exceptional investment opportunity in a rapidly growing area. The asking price is $565,000. Serious inquiries are encouraged.

    Property Features for 3510 Anderson Hwy

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tidewater Physical Therapy ... Physical Therapist Hartwell Rainey Physician Assistant Vancuran Keith W ... Doctor Dr. Jennifer B. ... Family Practice Physician Dr. Jo M. ... Doctor

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.89181
    Latitude
    37.54128

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, development potential.
    Where is this commercial real estate located?
    The property is located at 3510 Anderson Hwy Powhatan, VA.
    What is the asking price?
    The asking price for this property is $565,000.
    (804) 320-1391
    Request Owner's contact information
    3510 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
    3510 Anderson Hwy Powhatan, VA 23139
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