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    1427 Anderson Hwy Powhatan, VA 23139

    For Sale
    Contact for pricing

    Prime Retail Pad, Hwy 60 Frontage, High Visibility

    Property size:
    2,991 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land parcel, located at 1427 Anderson Highway in Powhatan, Virginia (zip code 23139), presents a unique investment opportunity. The property boasts a highly desirable location with over 200 feet of frontage on Route 60, ensuring excellent visibility and accessibility. Currently zoned for Commercial and Commerce Center use, this 1.21-acre site is ideal for a variety of retail developments. The property's strategic position offers easy access to the Powhatan/Chesterfield County line and is conveniently situated just minutes away from Westchester Commons, a significant 225,000 square foot mixed-use development. Further expansion potential exists with an adjacent 1.43-acre lot featuring a 2,991 square foot building. Water and sewer services are readily available at the roadside. This prime location offers significant potential for immediate development or future expansion, making it an attractive proposition for discerning investors and developers seeking a high-impact commercial presence in a thriving area. The property is available for both lease and sale.

    Property Features for 1427 Anderson Hwy

    General Information

    Property type
    Land
    Square Feet
    2,991 SF
    Lot Size
    52,708 SF

    HighLights

    • Expansion potential onto adjacent 1.43‑acre lot with existing 2,991 SF building.
    • Over 200 feet of frontage on Route 60.
    • Convenient location near the Powhatan/Chesterfield County line.
    • Water and sewer readily available at the street.
    • Minutes from Westchester Commons, a 225,000 SF mixed‑use development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.7402139
    Latitude
    37.5064637

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    FAQs

    What type of property is this?
    Land - Prime Retail Pad, Hwy 60 Frontage, High Visibility
    Where is this land located?
    The property is located at 1427 Anderson Hwy Powhatan, VA.
    What are key features of this property?
    This property features: Expansion potential onto adjacent 1.43-acre lot with existing 2,991 SF building.; Over 200 feet of frontage on Route 60.; Convenient location near the Powhatan/Chesterfield County line.
    (804) 869-3492
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    1427 Anderson Hwy 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
    1427 Anderson Hwy Powhatan, VA 23139
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