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    16003 Us-1 Colonial Heights, VA 23834

    Sponsored
    For Sale
    Contact for pricing

    1.15-acre commercial development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.15-acre commercial land parcel, located at 16003-16005 US-1 in Colonial Heights, Virginia (zip code 23834), presents a unique development opportunity. Zoned C-3, this property offers significant potential for a variety of commercial uses. Its convenient location provides easy access to major transportation arteries, boasting proximity to Interstate 95 via the Woods Edge Road Exit 58, less than one mile away. The site itself is a sizable outparcel, providing ample space for development. Public water and sewer services are readily available, simplifying the development process and reducing infrastructure costs. The property's address is 16003-16005 US-1, situated within Chesterfield County, Virginia. The latitude and longitude coordinates are 37.30403 and -77.408545 respectively. This location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in a thriving area. The substantial lot size, combined with its advantageous location and readily available utilities, makes this a highly desirable investment opportunity. Serious inquiries are encouraged.

    Property Features for 16003 Us-1

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • Public water and sewer available.
    • Less than one mile to I‑95 via Exit 58 (Woods Edge Road).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colonial Heights
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.408545
    Latitude
    37.30403

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      Land with Mixed-Use Potential

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    FAQs

    What type of property is this?
    Land - 1.15-acre commercial development site.
    Where is this land located?
    The property is located at 16003 Us-1 Colonial Heights, VA.
    What are key features of this property?
    This property features: Public water and sewer available.; Less than one mile to I-95 via Exit 58 (Woods Edge Road).;
    Request Owner's contact information
    16003 Us-1 Colonial Heights, VA 23834
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    Colonial Heights, VA 23834
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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
    16003 Us-1 Colonial Heights, VA 23834
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