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    One Crk Powhatan, VA 23139

    For Sale
    $1,057,950

    4.7-Acre Commercial Land, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 4.702-acre commercial parcel presents a unique investment opportunity in the thriving Powhatan, Virginia market. Zoned CC (Commerce Center), this property boasts an enviable location, situated directly adjacent to the South Creek Shopping Center and next to a Food Lion grocery store. Its strategic placement within the mixed-use South Creek Commercial Park ensures high visibility and accessibility. The property benefits from its proximity to major retail anchors, including a Walmart Supercenter less than a mile away, and enjoys excellent traffic counts, with 30,000 vehicles per day passing on Anderson Highway. Furthermore, convenient access to major roadways, including Route 288 and Route 60 (just 6 miles west), enhances its logistical appeal. A significant advantage is the cross access easement into the Food Lion parking lot, providing additional convenience and potential for synergistic development. This prime commercial land offers unparalleled potential for a variety of uses, making it an ideal investment for discerning buyers seeking a high-traffic, well-located property in a rapidly growing area. The property is located at S Creek One, Powhatan, VA 23139.

    Property Features for One Crk

    General Information

    Property type
    Land
    Lot Size
    204,819 SF

    HighLights

    • 4.7‑acre commercial parcel in Powhatan, VA.
    • Adjacent to South Creek Shopping Center and Food Lion.
    • Located within the mixed‑use South Creek Commercial Park.
    • Less than one mile from a Walmart Supercenter.
    • Six miles from Routes 288 and 60.
    • 30,000 vehicles per day on Anderson Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.790631505459
    Latitude
    37.517058229062

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    FAQs

    What type of property is this?
    Land - 4.7-Acre Commercial Land, Prime Location
    Where is this land located?
    The property is located at One Crk Powhatan, VA.
    What is the asking price?
    The asking price for this property is $1,057,950.
    What are key features of this property?
    This property features: 4.7-acre commercial parcel in Powhatan, VA.; Adjacent to South Creek Shopping Center and Food Lion.; Located within the mixed-use South Creek Commercial Park.
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    One Crk Powhatan, VA 23139
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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
    One Crk Powhatan, VA 23139
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