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    OFF-MARKET
    Retail properties & Spaces

    12141 Jefferson Davis Hwy, Chester, VA 23831

    22,303 SF 0.51 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.512-acre commercial property, located at 12141 Jefferson Davis Highway in Chester, Virginia (zip code 23831), presents a prime investment or development opportunity. Currently vacant, this C-3 zoned lot offers 22,303 square feet and is ideally situated adjacent to established businesses like Popeye's and Panda Express, ensuring high visibility and foot traffic. The property boasts convenient access to Jefferson Davis Highway, a major thoroughfare with a daily traffic volume of 24,000 vehicles. This translates to significant exposure for any business operating on this site. The asking price is $350,000. Strong demographics further enhance the property's appeal: within a 5-mile radius, the population exceeds 79,000 residents, with average household incomes exceeding $88,000 and reaching $100,732 within a 5-mile radius. This retail pad site is ready for immediate development, offering a unique chance to capitalize on a thriving commercial area. The property's location provides full access without a median, maximizing convenience and accessibility. Invest in this high-potential location and establish your business in a vibrant and growing community. This is a rare opportunity to secure a well-positioned retail space in a high-demand area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 22,303 SF
    Lot 0.51 ac (22,303 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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