Chesapeake Cir New Kent, VA 23140

Property Details for 0 Chesapeake Cir

Lot size

68.00 lot acres

Property type

Land

Description

This exceptional 68-acre commercial land parcel presents a unique investment opportunity in New Kent County, Virginia, one of the nation's fastest-growing counties. Strategically located at the intersection of Interstate 64 and Route 155, this property enjoys unparalleled visibility and accessibility, directly across from Colonial Downs Racetrack and Rosie's Gaming Emporium. The area boasts significant tourism, driven by the racetrack, wineries, and golf courses, attracting over 17.5 million visitors in 2022. The property's proximity to a thriving residential community (Brickshire, with over 3000 homes and growing) and major transportation arteries (25 minutes from Richmond and Williamsburg) ensures a robust customer base. Zoned for Commercial/Tourism and approved under a Planned Unit Development (PUD), this land offers flexibility for a variety of uses, including hotels, restaurants, retail, entertainment, and medical facilities. The PUD allows for parcel division to accommodate individual business needs, with conceptual drawings available for lots ranging from 1.75 to 10.6 acres. Lot 2, a 2-acre parcel at the highly desirable corner of Route 155, presents a particularly attractive opportunity. This property represents an exceptional chance to capitalize on New Kent County's explosive growth and thriving tourism sector. The area's economic vitality is evident in the $29.9 million spent by visitors in 2022, a 7% increase over the previous year. Don't miss this chance to establish your business in this dynamic location.

Location Insight

City

New Kent

County

New Kent

State

Virginia

Longitude

-77.0283

Latitude

37.4905