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Property profile & analytics
OFF-MARKET
Land

3400-3420 Anderson Hwy Powhatan, VA 23139

1.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.235-acre commercial land parcel presents a prime investment opportunity in Powhatan, Virginia. Located at 3400-3420 Anderson Highway (Route 60), this property boasts over 550 feet of direct frontage on Powhatan's major thoroughfare, ensuring excellent visibility from both travel lanes. The site is strategically positioned directly across from Powhatan Plaza, a Food Lion-anchored shopping center, benefiting from high traffic counts and established commercial activity. A four-way controlled signalized intersection further enhances accessibility and visibility. This R-C zoned land is ideal for a variety of commercial uses, and a national auto parts retailer is already under contract for a neighboring pad. The property's convenient location offers easy access to key amenities and infrastructure. It's situated just minutes from the Powhatan Courthouse and Government Center, and a short 15-minute drive west of Westchester Commons and Route 288. This location provides exceptional convenience and strong potential for future growth. The asking price for this remarkable commercial land opportunity is $450,000. Don't miss this chance to secure a highly visible and strategically located parcel in a thriving community. The property is zoned R-C, allowing for a range of commercial development options.

Property profile
Verified
Property type Land
Lot 1.24 ac (53,797 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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