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Property profile & analytics
OFF-MARKET
Land

0 Anderson Hwy Powhatan, VA 23139

7.89 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.89 ac (343,688 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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