This exceptional 4.702-acre commercial parcel presents a unique investment opportunity in the thriving Powhatan, Virginia market. Zoned CC (Commerce Center), this property boasts an enviable location, situated directly adjacent to the South Creek Shopping Center and next to a Food Lion grocery store. Its strategic placement within the mixed-use South Creek Commercial Park ensures high visibility and accessibility. The property benefits from its proximity to major retail anchors, including a Walmart Supercenter less than a mile away, and enjoys excellent traffic counts, with 30,000 vehicles per day passing on Anderson Highway. Furthermore, convenient access to major roadways, including Route 288 and Route 60 (just 6 miles west), enhances its logistical appeal. A significant advantage is the cross access easement into the Food Lion parking lot, providing additional convenience and potential for synergistic development. This prime commercial land offers unparalleled potential for a variety of uses, making it an ideal investment for discerning buyers seeking a high-traffic, well-located property in a rapidly growing area. The property is located at S Creek One, Powhatan, VA 23139.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.