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    10300 Washington Hwy Glen Allen, VA 23059

    Sponsored
    For Sale
    Contact for pricing

    Prime location, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Two commercial land parcels are available for purchase or ground lease in Glen Allen, Virginia, offering exceptional build-to-suit opportunities. Located at 10300 Washington Highway, these parcels boast B-3 zoning and range from 0.96 to 1.32 acres. The property enjoys a highly visible location on Washington Highway (Route 1), with excellent signage opportunities. Daily traffic counts are substantial, with Washington Highway/Route 1 seeing approximately 15,000 vehicles, Sliding Hill Road approximately 24,000, and I-95 boasting 60,000-63,000 vehicles per day. The parcels will be delivered pad-ready, simplifying development. This strategic location offers unparalleled access to I-95, placing businesses within easy reach of a major transportation artery. Furthermore, the site benefits from its proximity to a planned $233 million HCA hospital on the other side of the I-95 interchange and less than a mile from a developing $50 million sports and mixed-use village in Henrico County. This combination of high visibility, convenient access, and significant surrounding development makes this an exceptional investment opportunity in a rapidly growing area.

    Property Features for 10300 Washington Hwy

    General Information

    Property type
    Land
    Lot Size
    41,818 SF

    HighLights

    • Two commercial land parcels (0.96 - 1.32 acres) available for purchase or ground lease, build‑to‑suit.
    • Pad‑ready delivery; B‑3 zoning.
    • Excellent I‑95 interchange access.
    • Adjacent to planned $233M HCA hospital.
    • High visibility on Washington Highway (Route 1) with strong signage opportunities; high daily traffic counts.
    • Less than one mile from a developing $50M sports and mixed‑use village.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Glen Allen
    County
    Hanover
    State
    Virginia
    Longitude
    -77.461466
    Latitude
    37.688208

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    FAQs

    What type of property is this?
    Land - Prime location, build-to-suit options.
    Where is this land located?
    The property is located at 10300 Washington Hwy Glen Allen, VA.
    What are key features of this property?
    This property features: Two commercial land parcels (0.96 - 1.32 acres) available for purchase or ground lease, build-to-suit.; Pad-ready delivery; B-3 zoning.; Excellent I-95 interchange access.
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    Glen Allen, VA 23059
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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
    10300 Washington Hwy Glen Allen, VA 23059
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