Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1950 Anderson Hwy Powhatan, VA 23139-7918

    • Industrial properties
    • 149,648 SF
    • 29.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2510204
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walmart Home Services / Home Help Service Agency
    • Western Union / Money Transfer Service
    • Walmart Money Center / Money Transfer Service / Money Order Service
    • Walmart Home Theater Installation / Home Cinema Installation
    • Walmart Tech Services / Phone Repair Service / Television Repair Service

    Property Details for 1950 Anderson Hwy

    Year built
    2012
    Lot size
    29.73 lot acres
    Property size
    149,648 SF
    Zone code
    CC
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    042-6-1
    APU
    4261

    Description

    This exceptional commercial land offering presents a rare opportunity for development in the thriving Powhatan County, Virginia market. Located at 1950 Anderson Hwy, Powhatan, VA 23139, this property boasts two available lots, providing flexibility for various commercial ventures. Lot 1 encompasses 0.92 acres, while Lot 2 offers a more substantial 1.31 acres. Both lots benefit from a newly installed, full signalized access point, ensuring excellent visibility and convenient ingress/egress. The site is already zoned and fully prepared for immediate development, eliminating lengthy permitting delays. This prime location is strategically situated near a Walmart, capitalizing on the high traffic volume generated by this major retailer. Further enhancing its appeal, the property enjoys exceptional accessibility via US Route 60, a major thoroughfare boasting an impressive 29,000 Average Annual Daily Traffic (AADT) count. This translates to significant exposure for any business established on this site. The combination of ideal location, convenient access, and development-ready status makes this an unparalleled investment opportunity in a rapidly growing commercial area. Don't miss this chance to secure a prominent position in Powhatan County's dynamic commercial landscape.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.7767
    Latitude
    37.514
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $83,373
    $2,504,400
    $10,110,900
    $12,615,300
    -
    $2,504,400
    $10,110,900
    $12,615,300

    Comparable in this City

    • Value Estimation by Request
      15,620 SF

      1885 Stavemill Xing Ln

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 15,620 SF
      1885 Stavemill Xing Ln, Powhatan, VA 23139-7961
      View Details
    • Value Estimation by Request
      11,500 SF

      1579 Oakbridge Ter

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 11,500 SF
      1579 Oakbridge Ter, Powhatan, VA 23139-8053
      View Details
    • Value Estimation by Request
      10,080 SF

      1588 Oakbridge Ter

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10,080 SF
      1588 Oakbridge Ter, Powhatan, VA 23139-8053
      View Details
    • Value Estimation by Request
      3,028 SF

      1850 Stoneridge Commerce Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,028 SF
      1850 Stoneridge Commerce Dr, Powhatan, VA 23139-6640
      View Details
    • Value Estimation by Request
      55,489 SF

      2470 Anderson Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 55,489 SF
      2470 Anderson Hwy, Powhatan, VA 23139-7525
      View Details
    • Value Estimation by Request
      14,750 SF

      3430 Anderson Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 14,750 SF
      3430 Anderson Hwy, Powhatan, VA 23139-5834
      View Details

    Similar Nearby for Sale

    • $1,400,000
      2,925 SF

      Commercial Buildings on Two Parcels

      Two parcels with commercial buildings available for sale.
      1348 Anderson Hwy, Powhatan, VA 23139
      View Details
    • Contact for pricing
      1.80 Acres

      Powhatan Industrial Land Parcels

      Prime Powhatan location, industrial & commercial zoning.
      1800 Crk, Powhatan, VA 23139
      View Details
    • $795,000
      3.66 Acres

      Powhatan Commercial Land - Route 60

      3.66 Acres, High Visibility, Approved Site Plan
      2620 Anderson Hwy, Powhatan, VA 23139
      View Details
    • $1,299,000
      31.20 Acres

      Powhatan Commercial Land - Hwy Frontage

      High-visibility commercial lot, 31.2 acres.
      041-12A Anderson Hwy, Powhatan, VA 23139
      View Details
    • $295,000
      10.07 Acres

      Riverfront Land in Powhatan, Virginia

      10+ acre lots with James River frontage and public water.
      6 Beaumont Rd, Powhatan, VA 23139
      View Details
    • $395,000

      Commercially Zoned Land Parcel

      3.66 acre commercially zoned land parcel in Powhatan, Virginia.
      2620 Anderson Hwy, Powhatan, VA 23139
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      24,000 SF

      Powhatan Build-to-Suit Warehouse

      Prime 24,000 SF Warehouse Space Available
      1355 Anderson Hwy, Powhatan, VA 23139
      View Details
    • Contact for pricing
      19,000 SF

      Flat Rock Retail Opportunity

      Retail spaces and outparcels available in Flat Rock.
      2617 Anderson Hwy, Powhatan, VA 23139
      View Details
    • $1,500 /Mo

      Retail/Office Space on Anderson Highway

      Renovated retail or office space available for lease.
      6471 Anderson Hwy, Powhatan, VA 23139
      View Details
    • $1,950 /Mo
      1,000 SF

      Office Space with Private Bathroom

      Open concept office space available for rent in Powhatan.
      1664 Anderson Hwy, Powhatan, VA 23139
      View Details
    • $2,300 /Mo
      1,400 SF

      Office Space in Powhatan

      Office space with efficient floor plan and kitchenette for rent.
      2442 New Dorset Cir, Powhatan, VA 23139
      View Details
    • Contact for pricing
      1 SF

      Powhatan County Commercial Land

      Build-to-suit opportunity, 1.24 acres.
      1475 Oakbridge Ct, Powhatan, VA 23139
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1950 Anderson Hwy
    Powhatan, VA 23139-7918
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.