& Rt. 60 New Kent Hwy Quinton, VA 23141
This exceptional 1.498-acre commercial land parcel presents a unique investment opportunity in the rapidly growing New Kent County, Virginia. Zoned PUD, this property is ideally situated at the intersection of New Kent Highway and Route 60, offering unparalleled accessibility and visibility. The location boasts exceptional proximity to major transportation arteries, including US Route 60, I-64, and I-295 at Bottoms Bridge, ensuring convenient access for both employees and customers. A significant advantage is its close proximity to Downtown Richmond (just 13 miles and a 15-minute drive, toll-free) and Richmond International Airport (a mere 10-minute drive). Williamsburg is also conveniently located within a 30-minute commute. The site benefits from the successful completion of Phase 1 development, which includes a freestanding daycare center and a 12,000 square foot mixed-use building housing office and restaurant space. This existing infrastructure demonstrates the area's viability and potential for further development. New Kent County's status as the second fastest-growing locality in Virginia underscores the significant long-term growth prospects for this strategically positioned property, making it an ideal location for medical, office, or retail development. The property's size and zoning provide ample flexibility for a variety of commercial ventures. This is a rare opportunity to acquire a prime commercial land parcel in a thriving market.
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
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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.