Chandler St Culpeper, VA 22701
- Land
- 5.29 lot acres
Current Use by Public Records
- Land
Property Details for 0 Chandler St
- Lot size
- 5.29 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 5.29-acre commercial/industrial lot in Culpeper, VA, boasts a prime location in the Technology Zone, adjacent to prominent businesses like Terremark datacenter, SWIFT, the Library of Congress, and Germanna College. Zoned LI, this site offers significant development potential, accommodating a building up to 100,000 square feet, suitable for flex space, warehousing, office use, or a data center, with ample parking. All utilities are readily available, including fiber optics, sewer, water, natural gas, and redundant electric power. Enjoy easy access to US 29 and Route 3, as well as the amenities of Culpeper's historic downtown. The pro-business local government offers attractive economic development incentives, including tax reimbursements based on economic impact for qualified technology zone businesses meeting specific criteria within the Entrance Corridor Overlay District. Financial incentives are available for businesses investing at least $500,000 in capital improvements. Further incentives can be tailored to individual business needs. Culpeper County is also a Foreign-Trade Zone #185 grantee, potentially streamlining the application process for zone-related businesses. The property's APN is 41--98B, and it can be combined with the adjacent 8.25-acre lot (APN 41--98) to create a larger 13.54-acre parcel. The land value is $4.25 per square foot. This presents a unique opportunity for significant development and substantial return on investment.
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
- Culpeper
- County
- Culpeper
- State
- Virginia
- Longitude
- -77.976
- Latitude
- 38.469
