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Property profile & analytics

I-64 Rte Gum Spring, VA 23117

  • Land
  • 49.00 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Land

Property Details for I-64 Rte

Lot size
49.00 lot acres
Property type
Land

Description

This exceptional 49-acre commercial land parcel presents a unique investment opportunity in Louisa County, Virginia. Strategically located at the intersection of I-64 and Route 522, near the Gum Springs exit, this site boasts unparalleled visibility and accessibility. Zoned C-2 and A-2, the property is primed for significant development. Extensive due diligence has already been completed, including obtaining a zoning conformance letter from Louisa County, a wetlands and Waters of the U.S. (WOUS) delineation, and a jurisdictional determination from the Corps of Engineers. A Phase 1 hydrogeological investigation for well water supply and a preliminary site characterization report for mass drainfields have also been finalized. Furthermore, the VDOT road abandonment is complete, and the right-of-way vacation process is underway. A traffic impact analysis study has been completed and approved, and site plans have undergone two review cycles with Louisa County and the Department of Environmental Quality (DEQ). This property offers a streamlined path to development, minimizing potential delays and maximizing return on investment. The asking price is $2,100,000. This is a rare opportunity to acquire a fully prepared development site in a high-growth area just west of Richmond. The property's location adjacent to the I-64 eastbound entrance ramp on Route 522 ensures exceptional exposure and convenient access.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Gum Spring
County
Louisa
State
Virginia
Longitude
-77.9243
Latitude
37.8049
More about this property
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