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    18305 Kings Hwy Montross, VA 22520

    For Sale
    Contact for pricing

    15.9 Acres, Divisible, Enterprise Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 15.9-acre commercial/industrial land parcel presents a unique investment opportunity in the Westmoreland County Industrial Park, conveniently located just outside Montross, Virginia. The property, situated at 18305 Kings Highway, zip code 22520, boasts a prime location and is readily divisible to accommodate various project sizes, making it suitable for a wide range of businesses. Its Commercial/Industrial zoning ensures flexibility for diverse development plans. The site benefits from robust infrastructure, including readily available heavy power, water, and sewer services. While natural gas is not available, the existing utilities provide a strong foundation for various industrial and commercial ventures. Adding to its appeal, this property is located within an Enterprise Zone, opening doors to potential economic incentives and tax benefits for qualifying businesses. The property's latitude and longitude coordinates are 38.0848057 and -76.7901305 respectively. This strategic location and comprehensive utility access make this land a highly attractive proposition for businesses seeking a well-equipped and strategically positioned site in Virginia's thriving commercial landscape. The lot size ranges from 2 to 15.9 acres, offering flexibility for various development scales. Serious inquiries are encouraged to explore the full potential of this exceptional property.

    Property Features for 18305 Kings Hwy

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 15.9‑acre commercial/industrial land parcel in Westmoreland County Industrial Park near Montross, VA.
    • Divisible into smaller parcels to accommodate various user needs.
    • Zoned for business and industrial uses.
    • Utilities include heavy power, water, and sewer; natural gas is not available.
    • Located within an Enterprise Zone, providing access to potential economic incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Hair Salon Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montross
    County
    Westmoreland
    State
    Virginia
    Longitude
    -76.7901305
    Latitude
    38.0848057

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    FAQs

    What type of property is this?
    Land - 15.9 Acres, Divisible, Enterprise Zone
    Where is this land located?
    The property is located at 18305 Kings Hwy Montross, VA.
    What are key features of this property?
    This property features: 15.9-acre commercial/industrial land parcel in Westmoreland County Industrial Park near Montross, VA.; Divisible into smaller parcels to accommodate various user needs.; Zoned for business and industrial uses.
    (540) 322-4156
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    18305 Kings Hwy Montross, VA 22520
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    Montross, VA 22520
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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
    18305 Kings Hwy Montross, VA 22520
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