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00 Chesapeake Cir, Unit RT 155 & I64 Providence Forge, VA 23140

For Sale
$635,000

1.12-acre commercial lot off I64, ready for development.

Property size:
1 SF
Lot size:
1.12 Acres

Property Features for 00 Chesapeake Cir

General Information

Size
1 SF
Lot size
1.12 Acres

Source: David Burks Agent David Burks

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


Overview

Prime Commercial Lot Near I64

This 1.12-acre commercial/tourism lot, PID# 100986, is located off I64 exit 214. All essential entitlements are in place, including utilities, zoning permits, VDOT access, and storm water management. The site is positioned for immediate development. It is located at the entrance to Colonial Downs Horse Racetrack and Rosie's Gaming Emporium, attracting nearly 1000 visitors daily, and is surrounded by the Brickshire Community, which has over 3000 rooftops with more being added. New Kent's wineries, golf courses, and tourism sector promise foot traffic and business potential. In 2022, visitors spent $29.9 million in New Kent, a 7% increase from the previous year, with visitation growing by 3.6% and totaling 17.5 million trips. The property is located 25 minutes from both downtown Richmond, VA, and Williamsburg, VA. New Kent County is experiencing a surge in new residences and businesses, including retail centers, distribution hubs, and establishments like Buc-ee's Travel Center just one exit west on I64. Potential uses range from retail centers to tourist attractions.
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 - 1.12-acre commercial lot off I64, ready for development.
Where is this commercial land located?
The property is located at 00 Chesapeake Cir, Unit RT 155 & I64 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: - Ready for immediate development: All essential entitlements are in place.; - **High-traffic location**: Attracting nearly 1000 daily visitors at the entrance to Colonial Downs and Rosie's Gaming Emporium.; - Strong growth potential in New Kent County with a surge in new residences, businesses, and tourism.
More about this property
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