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    00 J.h. Seawell Dr Gloucester, VA 23061

    For Sale
    $245,000

    High-traffic, 6.58-acre B-1 zoned lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 6.58-acre commercial property boasts 527 feet of prime frontage on Route 17/George Washington Memorial Highway in Gloucester, Virginia. Its strategic location offers unparalleled visibility and high traffic counts, placing it within easy reach of significant growth areas. Nearby establishments include Riverside Walter Reed Hospital, Courthouse Pediatrics, and Food Lion, further enhancing its commercial appeal. The property is situated near the historic downtown area and the bustling Fox Mill Center, providing access to a diverse customer base. Several new residential communities are developing within a 3-4 mile radius, creating substantial opportunities for commercial and business development to serve the expanding population. Currently zoned B-1, the property requires a private onsite sewage disposal system

    Property Features for 00 J.h. Seawell Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    286,625 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gloucester
    County
    GLOUCESTER COUNTY
    State
    Virginia
    Longitude
    -76.5526
    Latitude
    37.42125

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, 6.58-acre B-1 zoned lot.
    Where is this commercial real estate located?
    The property is located at 00 J.h. Seawell Dr Gloucester, VA.
    What is the asking price?
    The asking price for this property is $245,000.
    (804) 693-3032
    Request Owner's contact information
    00 J.h. Seawell Dr Gloucester, VA 23061
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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
    00 J.h. Seawell Dr Gloucester, VA 23061
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