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Property profile

4725 Hundred Rd Chester, VA 23831

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a prime redevelopment opportunity in Chester, Virginia. Located at 4725 W Hundred Rd (Rt. 10), this property boasts excellent visibility with 200 feet of direct frontage on a major thoroughfare. Zoned R-7, it allows for one-family residential use along with Conditional Use Permits (CUPs) for office and retail developments, offering significant flexibility for diverse projects. The strategic location halfway between Route 288 and I-95 ensures easy access to major transportation arteries. Situated within Chesterfield County's rapidly developing Iron Bridge Corridor, this site benefits from proximity to established commercial centers like Chesterfield Meadows, Iron Bridge Plaza, Bermuda Square, Bermuda Crossroads, and Breckenridge Shopping Mall, serving a large residential population. Furthermore, its location less than 15 miles from Fort Gregg-Adams, the Army's third-largest training site, presents a unique advantage for businesses catering to military personnel and their families. The asking price for this remarkable development opportunity is $375,000. This property's combination of prime location, flexible zoning, and high visibility makes it an exceptional investment prospect. Don't miss this chance to capitalize on the growth potential of the Iron Bridge Corridor. The zip code is 23831.

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

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

Location

4725 Hundred Rd Chester, VA 23831
Chester metro
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Value estimations

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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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