5889 Lee Hwy Fairfield, VA 24435
- Land
- 2.91 lot acres
Current Use by Public Records
- Land
Property Details for 5889 Lee Hwy
- Lot size
- 2.91 lot acres
- Property type
- Land
Description
This exceptional 2.91-acre commercial land parcel presents a unique investment opportunity in Fairfield, Virginia. Strategically located on North Lee Highway, the property boasts excellent visibility and frontage, ensuring high traffic exposure. Its immediate proximity to Exit 200 of Interstate 64 provides unparalleled accessibility, connecting businesses to a major transportation artery. The unimproved land is ready for development, offering a blank canvas for a variety of commercial ventures. Detailed traffic counts highlight the significant potential: Interstate 81 sees an average annual daily traffic (AADT) of 48,000 vehicles, while North Lee Highway registers an AADT of 3,100 vehicles. The property features full access to North Lee Highway, facilitated by a convenient median cut, simplifying ingress and egress. This prime location in Henrico County, Virginia, zip code 24435, offers a compelling combination of high traffic volume, excellent visibility, and convenient access, making it an ideal site for businesses seeking a strong foothold in a thriving area. The coordinates are 37.8846602 latitude and -79.2790649 longitude. This is a rare opportunity to acquire a substantial commercial land parcel in a high-traffic area with exceptional visibility and convenient access to major roadways.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Henrico
- State
- Virginia
- Longitude
- -79.2791
- Latitude
- 37.8847
