6400 Canon Way Pinero, VA 23061
This exceptional investment opportunity presents eight pad-ready sites within the Gloucester Professional Park, totaling approximately 60,000 square feet of approved building space. Located in Gloucester County, Virginia, this development boasts a strategic location at the signalized entrance to the Gloucester Business Park, providing excellent visibility and accessibility from Route 17 via Canon Way. The property benefits from significant infrastructure already in place, including curb and gutter, paving, turn lanes, sewer, and water lines, minimizing development costs and timelines. All sites come with approved plans, making them immediately shovel-ready. The surrounding area features established businesses such as Canon, Sentara, Chesapeake Bank, and Nester Dental, indicating a strong and growing commercial presence. Conveniently situated less than ten minutes from Gloucester Courthouse and approximately twenty minutes from the Peninsula, this location offers easy access to a diverse workforce and consumer base. The property's proximity to Gloucester Courthouse (three miles south) and the Coleman Bridge (six miles north) further enhances its strategic appeal. Individual lot sizes and pricing vary, ranging from 0.25 to 0.86 acres, with building sizes from 3,500 to 12,600 square feet and prices ranging from $150,000 to $500,000. The property is zoned B-1, offering flexibility for a variety of commercial and R&D uses. This is a rare opportunity to acquire prime development land in a thriving business community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.