041-12A Anderson Hwy Powhatan, VA 23139
This exceptional 31.2-acre commercial property boasts 734 feet of frontage on Anderson Highway in Powhatan, Virginia. Its prime location offers unparalleled visibility and accessibility for businesses seeking high-traffic exposure. The property features a median cut on both sides of the parcel, enhancing visibility and providing convenient access points. A significant advantage is the availability of water on-site, simplifying development and reducing infrastructure costs. Furthermore, this land is designated as a Gateway Business in the Powhatan Comprehensive Plan, indicating its strategic importance for economic development and suggesting potential for expedited permitting processes. The expansive acreage provides ample space for a variety of commercial ventures, from retail and office spaces to light industrial uses. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location with excellent infrastructure and future development potential. The property's high visibility and convenient access make it an ideal location for businesses seeking to establish a strong presence in the Powhatan market. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.