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    1990 Anderson Hwy Powhatan, VA 23139

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    For Sale
    Contact for pricing

    Commercial land with utilities, next to Walmart, high traffic.

    Lot size:
    52.00 Acres

    Property Features for 1990 Anderson Hwy

    General Information

    Lot size
    52.00 Acres
    Source: Moodyscre

    Listing Agent: David Andrews

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

    Overview

    Commercial Land Adjoins Walmart

    This commercial land site adjoins a Walmart location. The site benefits from an existing median break, potentially suitable for a traffic signal installation with full turn lanes. Water and sewer utilities are available on site. The topography is generally level. According to the comprehensive plan, the zoning is designated for commercial use. Traffic counts on Highway 60 register at 29,000 AADT. Developer improvement incentives may be available.
    Location Intelligence

    Current Use by Public Records

    Yardworks, LLC Mulch Supplier

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.7816269
    Latitude
    37.5137949

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    FAQs

    What type of property is this?
    Land - Commercial land with utilities, next to Walmart, high traffic.
    Where is this land located?
    The property is located at 1990 Anderson Hwy Powhatan, VA.
    What are key features of this property?
    This property features: - Site adjoins Walmart; - Comprehensive plan calls for commercial zoning; - Traffic counts: Hwy 60: 29,000 AADT
    (804) 673-1100
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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
    1990 Anderson Hwy Powhatan, VA 23139
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