00 Moose Dr, Gloucester, VA 23061
This exceptional 4.9-acre commercial parcel presents a rare opportunity for development in Gloucester, Virginia. Strategically located on Route 17, the property boasts significant highway frontage, including a deceleration lane, ensuring high visibility and accessibility for potential businesses. Its prime location is within one mile of a high-grossing Walmart, guaranteeing substantial traffic flow and a strong customer base. The land itself is completely cleared and level, significantly reducing site preparation costs and expediting the development process. This ready-to-build site offers significant advantages for a variety of commercial ventures. Its proximity to a major retailer and its convenient location on Route 17, combined with the ample acreage, make it an ideal location for retail, restaurants, or other commercial uses. The property's adjacency to Chesapeake Bank further enhances its desirability and potential for attracting businesses and customers. The address is 00 Moose Drive, which intersects with George Washington Memorial Highway, providing excellent access and exposure. This is a unique opportunity to acquire a highly desirable commercial property in a thriving area with significant growth potential. The asking price is $1,400,000. Don't miss this chance to secure a prime location for your next commercial endeavor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.