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    580 Hundred Rd Chester, VA 23836

    Sponsored
    For Sale
    $2,000,000

    Prime 5+ acre commercial lot near I-295.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.1-acre commercial land parcel is strategically located on Route 10, just off I-295 in Chester, Virginia, offering unparalleled accessibility. The property boasts a highly visible location with convenient access from Route 10 in both directions via a median cut. Its prime position is further enhanced by its adjacency to a Wawa and Hyatt Place Hotel, situated at the entrance to the River’s Bend Center. This high-traffic area sees approximately 40,000 vehicles per day on Route 10, ensuring significant visibility and potential for high foot traffic. The location is part of a strong retail corridor and is also home to numerous national office and warehouse users, including prominent companies such as Hewlett Packard, Amazon.com, and Northrop Grumman. The property is zoned C-3, providing flexibility for a variety of commercial uses, and all public utilities are readily available. The asking price for this exceptional opportunity is $2,000,000. Three separate parcels comprise the total acreage. This presents a unique investment opportunity in a thriving commercial area with excellent visibility and access.

    Property Features for 580 Hundred Rd

    General Information

    Property type
    Land

    HighLights

    • 5.1‑acre commercial land parcel in Chester, VA, on Route 10, near I‑295.
    • High visibility location with convenient Route 10 access, near a Wawa and Hyatt Place Hotel.
    • High traffic area (approx. 40,000 vehicles daily) in a strong retail corridor with national tenants (Hewlett Packard, Amazon, Northrop Grumman).
    • C‑3 zoning allows for various commercial uses; all utilities available.
    • $2,000,000 asking price; comprised of three separate parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.346023613815
    Latitude
    37.346838720766

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    FAQs

    What type of property is this?
    Land - Prime 5+ acre commercial lot near I-295.
    Where is this land located?
    The property is located at 580 Hundred Rd Chester, VA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 5.1-acre commercial land parcel in Chester, VA, on Route 10, near I-295.; High visibility location with convenient Route 10 access, near a Wawa and Hyatt Place Hotel.; High traffic area (approx. 40,000 vehicles daily) in a strong retail corridor with national tenants (Hewlett Packard, Amazon, Northrop Grumman).
    (855) 530-2300
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    580 Hundred Rd Chester, VA 23836
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    Chester, VA 23836
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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
    580 Hundred Rd Chester, VA 23836
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