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Chesapeake Cir Providence Forge, VA

For Sale
$635,000

Commercial land off I-64 near Colonial Downs and Rosie’s.

Lot size:
1.12 Acres

Property Features for Chesapeake Cir

General Information

Lot size
1.12 Acres

Source: CBC Brooks Real Estate Agent John Wilson

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


Overview

Prime Commercial Land I-64 Exit

This commercial property is located at the intersection of Interstate 64 and Rt 155 in New Kent County, Virginia. The location is immediately off Interstate 64, directly across from the entrance to Colonial Downs Horse Track and Rosie’s Gaming Emporium, which were recently purchased by Churchill Downs. Colonial Downs/Rosie's currently averages just under 1000 visitors per day. The Brickshire Community, with over 3000 homes, surrounds Colonial Downs, and more homes are being built. Tourism is a major draw to New Kent, with nationally recognized Wineries and Golf Courses. In 2022, visitors spent $29.9 million in New Kent, 7% more than in 2021, with visitation growing by 3.6% over 2021, totaling 17.5 million trips to the area. The property is 25 minutes from downtown Richmond, VA, and 25 minutes from Williamsburg, VA. New residences and businesses are coming into New Kent County at an accelerated rate, including retail centers, distribution centers, industrial businesses, and Buc-ees Travel Center located one exit west on I64. Zoned Commercial/Tourism, the property allows for a variety of commercial uses oriented toward highway and tourism, and may accommodate corporate, general offices, or regional services. Allowable uses include hotels, conference facilities, restaurants, automobile/travel services, retail, entertainment, and medical facilities. The property has been approved under a PUD and will be divided into parcels to fit individual businesses' needs.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Providence Forge
County
New Kent
State
Virginia
Longitude
-77.0621
Latitude
37.4394

FAQs

What type of property is this?
Commercial land - Commercial land off I-64 near Colonial Downs and Rosie’s.
Where is this commercial land located?
The property is located at Chesapeake Cir Providence Forge, VA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: - Prime location immediately off Interstate 64 at the intersection of Rt 155, offering **high visibility and accessibility**.; - Located directly across from Colonial Downs/Rosie’s Gaming Emporium (owned by Churchill Downs), generating **significant daily visitor traffic** (approximately 1000 visitors per day and growing).; - Zoned Commercial/Tourism, allowing for a wide range of uses including hotels, conference facilities, restaurants, retail, entertainment, and medical facilities.
More about this property
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