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Property profile

580 Hundred Rd Chester, VA 23836

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

580 Hundred Rd Chester, VA 23836
Chester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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