580 Hundred Rd Chester, VA 23836
This exceptional 5.1-acre commercial land parcel is strategically located on Route 10, just off I-295 in Chester, Virginia, offering unparalleled accessibility. The property boasts a highly visible location with convenient access from Route 10 in both directions via a median cut. Its prime position is further enhanced by its adjacency to a Wawa and Hyatt Place Hotel, situated at the entrance to the River’s Bend Center. This high-traffic area sees approximately 40,000 vehicles per day on Route 10, ensuring significant visibility and potential for high foot traffic. The location is part of a strong retail corridor and is also home to numerous national office and warehouse users, including prominent companies such as Hewlett Packard, Amazon.com, and Northrop Grumman. The property is zoned C-3, providing flexibility for a variety of commercial uses, and all public utilities are readily available. The asking price for this exceptional opportunity is $2,000,000. Three separate parcels comprise the total acreage. This presents a unique investment opportunity in a thriving commercial area with excellent visibility and access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.