0 Anderson Hwy Powhatan, VA 23139
This exceptional 7.89-acre commercial land parcel presents a unique investment opportunity in the thriving Powhatan submarket of Virginia. Strategically located at the intersection of Carter Gallier Boulevard and Anderson Highway (Route 60), this property boasts unparalleled visibility and accessibility. With a daily traffic count of 31,000 vehicles on Anderson Highway, this site offers exceptional exposure for any commercial venture. The property is zoned for Light Industrial use and is completely engineered, making it shovel-ready for immediate development. This translates to significant time and cost savings for prospective buyers. The expansive lot size provides ample space for a variety of commercial projects, from warehousing and distribution centers to light manufacturing facilities. All necessary engineering is complete, eliminating pre-construction hurdles and expediting the development process. The property's prime location in Powhatan County, Virginia, offers easy access to major transportation routes, ensuring seamless logistics and connectivity. The address is Anderson Highway, Powhatan, VA 23139. This is a rare opportunity to acquire a fully prepared commercial site in a high-demand area. Don't miss out on this exceptional investment prospect. The asking price is $1,495,000.
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.