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    2361 Anderson Hwy Powhatan, VA 23139

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    For Sale
    $1,975,000

    Commercial land with high traffic volume in Powhatan, Virginia.

    Lot size:
    3.95 Acres

    Property Features for 2361 Anderson Hwy

    General Information

    Lot size
    3.95 Acres
    Source: Moodyscre

    Listing Agent: Robert Marshall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Powhatan Retail

    This commercial land is currently zoned for agricultural use but is planned to become a Commerce Center Zoning. The property benefits from two access points via roadways adjacent to Fine Creek Realty and Citizen & Farmer Bank. Located in the Powhatan Retail Submarket, the site experiences a high traffic volume of 35,000 vehicles per day on Anderson Highway.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Dental Office 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
    -77.8108846
    Latitude
    37.5186825

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    FAQs

    What type of property is this?
    Land - Commercial land with high traffic volume in Powhatan, Virginia.
    Where is this land located?
    The property is located at 2361 Anderson Hwy Powhatan, VA.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: - Commerce Center Zoning for future use; - High traffic volume: 35,000 VPD on Anderson Highway; - Two access points
    (804) 864-9788
    Request Owner's contact information
    2361 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
    2361 Anderson Hwy Powhatan, VA 23139
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