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    5731 New Kent Hwy Quinton, VA 23141

    For Sale
    Contact for pricing

    Prime 1-acre lot, high visibility, business zoning.

    Property size:
    4,306 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1-acre parcel, located at 5731 New Kent Highway in Quinton, Virginia, presents a compelling retail redevelopment opportunity. The property, built in 1950, encompasses 4,306 square feet and is zoned for business use, offering significant potential for a variety of commercial ventures. Its prime location along the heavily trafficked New Kent Highway ensures exceptional visibility and accessibility. The site's strategic positioning within a rapidly growing residential area, with an average home value within a one-mile radius of $408,000, promises a strong customer base. New Kent County's projected population growth of 7.7% by 2028 further underscores the long-term investment potential. This property is ideal for developers seeking to capitalize on the burgeoning retail market in this thriving community. The existing structure offers a blank canvas for creative redevelopment, allowing for the construction of a new building or adaptive reuse of the existing space. This is a rare opportunity to acquire a highly visible, strategically located parcel in a dynamic market poised for continued growth. Don't miss this chance to secure a prime piece of commercial real estate in Quinton, Virginia. The zip code is 23141.

    Property Features for 5731 New Kent Hwy

    General Information

    Property type
    Land
    Square Feet
    4,306 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1950
    Units
    1

    HighLights

    • 1‑acre parcel zoned for business use in Quinton, VA.
    • 4,306 square foot building on New Kent Highway with high visibility.
    • Ideal for retail redevelopment in a growing area.
    • Close proximity to residential development with an average home value of $408,000 within a 1‑mile radius.
    • Projected 7.7% population growth by 2028.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    N Pieces Inc Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Quinton
    County
    New Kent
    State
    Virginia
    Longitude
    -77.1143957
    Latitude
    37.532276

    Nearby Comparable

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      2.26 Acre Corner Parcel

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      2.26 Acres

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      Winery, Brewery, and Wedding Venue

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    Nearby Similar for Sale

    • $595,000

      Turnkey Restaurant with Living Quarters

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      Specialty Property for Sale

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, high visibility, business zoning.
    Where is this land located?
    The property is located at 5731 New Kent Hwy Quinton, VA.
    What are key features of this property?
    This property features: 1-acre parcel zoned for business use in Quinton, VA.; 4,306 square foot building on New Kent Highway with high visibility.; Ideal for retail redevelopment in a growing area.
    Request Owner's contact information
    5731 New Kent Hwy Quinton, VA 23141
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    Quinton, VA 23141
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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
    5731 New Kent Hwy Quinton, VA 23141
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