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    16901 Hull Street Rd Chesterfield, VA 23832

    Sponsored
    For Sale
    $4,212,000

    9.36 Acres, Prime Chesterfield Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.36-acre parcel of land presents a unique investment opportunity in Chesterfield County, Virginia. Strategically located on Hull Street Road at the entrance to the burgeoning Magnolia Green community (with 4,055 approved units), this property boasts excellent visibility and direct road frontage. The AG-1 zoning allows for a variety of commercial and agricultural uses, making it highly versatile. The site's prime location is further enhanced by its adjacency to a CVS Pharmacy and its proximity to major area shopping centers. With a daily traffic count of 24,000 vehicles on Hull Street Road, this location offers unparalleled exposure for any commercial venture. The asking price is $4,212,000, translating to $450,000 per acre. This represents a significant opportunity to capitalize on the growth and development occurring in this rapidly expanding area of Chesterfield. The property's size and location make it ideal for a range of commercial developments, taking advantage of the high traffic volume and proximity to residential areas. Detailed zoning information and site plans are available upon request. Don't miss this chance to acquire a premier commercial land parcel in a thriving market. The address is 16901 Hull Street Road, Chesterfield, VA 23832.

    Property Features for 16901 Hull Street Rd

    General Information

    Property type
    Farms
    Lot Size
    407,722 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6084
    Latitude
    37.3810934

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    FAQs

    What type of property is this?
    Farm - 9.36 Acres, Prime Chesterfield Location
    Where is this farm located?
    The property is located at 16901 Hull Street Rd Chesterfield, VA.
    What is the asking price?
    The asking price for this property is $4,212,000.
    Request Owner's contact information
    16901 Hull Street Rd Chesterfield, VA 23832
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    Chesterfield, VA 23832
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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
    16901 Hull Street Rd Chesterfield, VA 23832
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