Current Use by Public Records
- Classic Granite and Marble / Building Supply / Hardware & Home Improvement
- Black Optix Tint / Auto Repair Shop
Property Details for 1355 Anderson Hwy
- Lot size
- 18.23 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional build-to-suit opportunity presents 24,000 square feet of warehouse space in Powhatan, Virginia's rapidly expanding retail submarket. Located on a substantial 18.23-acre lot, this Class A property offers significant potential for customization and expansion. The site is strategically positioned within a thriving area, boasting high visibility with 31,000 vehicles passing daily on Anderson Highway (Route 60). Its proximity to Westchester Commons and Route 288 ensures excellent accessibility and connectivity. The property's mixed-use zoning allows for the addition of retail, office, and drive-thru components, maximizing its versatility and investment potential. The proposed new building addition is designed to be delivered within 18 months. Furthermore, the location benefits from substantial residential growth, with approximately 3,000 new residences approved or under construction within a three-mile radius, guaranteeing a strong and expanding customer base. This presents a unique chance to develop a state-of-the-art facility in a high-demand area. The existing building can be subdivided to meet specific tenant needs. This is an ideal opportunity for businesses seeking a modern, efficient, and strategically located warehouse in a booming market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Powhatan
- County
- Powhatan
- State
- Virginia
- Longitude
- -77.7368
- Latitude
- 37.5059
