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North Chesterfield, VA

Motel

North Chesterfield, VA Motels for Sale

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Placerville, CA Staunton, VA Henrico, VA Bon Air, VA Goochland, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA

Route 1 Motel For Sale

Updated: Jan 25, 2024

Route 1 Motel For Sale

8924 Jefferson Davis Hwy, North Chesterfield, VA

$1,330,000

8,702 sqft 1.80 AC lot

Zoned O‑2, allowing for diverse business opportunities
Motel with 18 keys offering significant income potential
High visibility and accessibility with frontage on Route 1
Additional access and exposure with frontage on Perrymont Road
Includes a 3‑bedroom apartment, ideal for owner occupancy or rental income

This listing looks promising.

Here's a quick look at some key insights for

8924 Jefferson Davis Hwy, North Chesterfield, VA

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Est. Cap Rate

3.3%
NOI ÷ price
Est. NOI

$44K
Annual
Price @ 7% Cap

$633K
Suggested
Property Type

Motel
Built 1957

View Property Analytics

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 Active listings in North Chesterfield, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Williamsburg Motel Near Tourist Attractions

Williamsburg Motel Near Tourist Attractions

6493 Richmond Rd, Williamsburg, VA 23188

$2,495,000

832,500 sqft 19.11 AC lot

128-room motel with recent renovations and desirable amenities.

Active Motel and Store Property

Active Motel and Store Property

23196 Richmond Tpke, Ruther Glen, VA

$1,500,000

10.06 AC lot

10.06 acres with motel, store, and warehouse.

Downtown Hospitality Compound with Motel

Downtown Hospitality Compound with Motel

1215 Philadelphia Avenue, Ocean City, MD 21842

$1,900,000

Three separate buildings include a motel main building and an amenity building with pool and tiki bar.

Turn-Key Motel Near the Beach

Turn-Key Motel Near the Beach

1705 N Baltimore Avenue, Ocean City, MD 21842

$3,500,000

Well-maintained 25-room ocean-block motel with a ready-to-operate setup in a popular coastal resort market.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Lakefront Development Lot

Commercial Lakefront Development Lot

Trader Circle, Littleton, NC 27850

$50,000

1.14 AC lot

1.14-acre commercial parcel in Lake Gaston’s Eaton’s Ferry hub with Neighborhood Business zoning for flexible site planning.

Land Near Future I-87

Land Near Future I-87

Mcnair Road, Tarboro, NC 27886

$400,000

9.47 AC lot

9.47 acres near future I-87 corridor in Tarboro, NC.

Commercial Land with Split Zoning Frontage

Commercial Land with Split Zoning Frontage

Vineland, NJ 08360

$125,000

Parcel with split zoning for residential business at the front and residential toward the rear, with public utilities available.

Commercial Land on Route 30

Commercial Land on Route 30

318 E White Horse Pike, Galloway Township, NJ 08205

$599,000

1.30 AC lot

1.3 acres of commercial land with endless possibilities.

Off-Market Properties in North Chesterfield, VA

Consider similar Off-Market properties in North Chesterfield, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOTEL

8115 Rte 1st 1, North Chesterfield, VA 23237-1347

Value Estimation by Request

7,560 sqft 0.90 AC lot

MOTEL

2126 Willis Rd, North Chesterfield, VA 23237-2904

$580,000

Estimated value

18,664 sqft 3.83 AC lot

9801 Hull St Rd

MOTEL

9801 Hull St Rd, North Chesterfield, VA 23236-1414

Value Estimation by Request

7,224 sqft 0.80 AC lot

MOTEL

8811 Rte 1st 1, North Chesterfield, VA 23237-2947

Value Estimation by Request

5,580 sqft 2.43 AC lot

MOTEL

9301 Rte 1st 1, North Chesterfield, VA 23237-4627

Value Estimation by Request

7,088 sqft 6.33 AC lot

MOTEL

2125 Willis Rd, North Chesterfield, VA 23237-2903

Value Estimation by Request

7,896 sqft 1.28 AC lot

MOTEL

9401 Rte 1st 1, North Chesterfield, VA 23237-4625

Value Estimation by Request

17,244 sqft 7.11 AC lot

10020 Hull St Rd

MOTEL

10020 Hull St Rd, North Chesterfield, VA 23236-1409

Value Estimation by Request

5,321 sqft 0.79 AC lot

MOTEL

2301 Willis Rd, North Chesterfield, VA 23237-4609

Value Estimation by Request

2,601 sqft 8.61 AC lot

MOTEL

2302 Willis Rd, North Chesterfield, VA 23237-4610

Value Estimation by Request

4,738 sqft 2.28 AC lot

MOTEL

8924 Rte 1st 1, North Chesterfield, VA 23237-2946

Value Estimation by Request

8,702 sqft 1.76 AC lot

MOTEL

8101 Rte 1st 1, North Chesterfield, VA 23237-1347

Value Estimation by Request

13,387 sqft 0.44 AC lot

North Chesterfield, VA Motels Market Trends and Statistics

Explore 13 motels for sale in North Chesterfield, VA on our real estate platform. These investment opportunities span a total of 8,702 square feet of properties for sale, with an estimated market value of $1,330,000.

Sale prices for motels in North Chesterfield, VA start at $1,330,000, averaging $1,330,000, and reaching up to $1,330,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 216K

Population Growth (5Y) +4.7%

Median Household Income $72,127

College Educated 44.8%

Listings Trend

New vs delisted commercial listings in Richmond City County

New Delisted

Total CRE Inventory on Market (SF)

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