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    12909 Plz Dr Henrico, VA 23233

    Sponsored
    For Sale
    $850,000

    1-Acre Lot, Business Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre commercial land parcel, located at 12909 Plaza Drive in Henrico, Virginia (zip code 23233), presents a unique investment opportunity. Situated on the corner of Ashland Road and Plaza Drive, this property boasts high visibility and convenient access to Interstate 64. The lot is zoned for business use, offering flexibility for a variety of commercial developments. With water and sewer readily available, construction is simplified and cost-effective. The property's size, location, and zoning make it ideal for a range of commercial ventures, from retail establishments to office spaces. The asking price is $850,000. The parcel's APN is 47-21-9. Its strategic location across from a Valero gas station ensures high traffic flow and excellent exposure to potential customers. This is a rare opportunity to acquire a prime commercial lot in a thriving Henrico location. The property's 1-acre size provides ample space for development, allowing for significant flexibility in design and construction. Don't miss this chance to secure a valuable asset in a high-demand area.

    Property Features for 12909 Plz Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Goochland
    State
    Virginia
    Longitude
    -77.674025576552
    Latitude
    37.673486710545

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    FAQs

    What type of property is this?
    Land - 1-Acre Lot, Business Zoning, High Visibility
    Where is this land located?
    The property is located at 12909 Plz Dr Henrico, VA.
    What is the asking price?
    The asking price for this property is $850,000.
    Request Owner's contact information
    12909 Plz Dr Henrico, VA 23233
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    Henrico, VA 23233
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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
    12909 Plz Dr Henrico, VA 23233
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