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Property profile & analytics
OFF-MARKET
Commercial real estate

039-80 Anderson Hwy Powhatan, VA 23139

14.87 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.87-acre commercial parcel presents a unique investment opportunity in the thriving Powhatan, VA market. Strategically located on Anderson Highway (Route 60), this property boasts an impressive 315 feet of road frontage, ensuring high visibility and accessibility for any business. The site is designated as a Gateway Business in Powhatan's Comprehensive Plan, highlighting its importance in the community's economic development strategy. A median cut is conveniently located just east of the property, enhancing visibility and ease of access. Infrastructure is readily available, with water and sewer services already in place at the property line, simplifying development and reducing upfront costs. This prime location places your business in close proximity to a variety of established businesses, including Bon Secours, Edward Jones, Powhatan Gentle Dentistry, Angelo's Italian restaurant, Midlothian Family Practice, and NAPA, creating a synergistic environment and attracting a strong customer base. The substantial acreage offers ample space for a wide range of commercial developments, from retail spaces to office buildings, or even a mixed-use project. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a rapidly growing area. Don't miss out on this chance to establish your business in a prime Powhatan location. The asking price is $399,000.

Property profile
Verified
Property type Commercial real estate
Lot 14.87 ac (647,737 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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