2544 Anderson Hwy Powhatan, VA 23139-7507
- Industrial properties
- 1,800 SF
- 6.98 lot acres
Current Use by Public Records
- Mexican Grill / Restaurant
- Monterrey Burrito Company / Mexican Restaurant
Property Details for 2544 Anderson Hwy
- Year built
- 1996
- Lot size
- 6.98 lot acres
- Property size
- 1,800 SF
- Zone code
- CC
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 041-8
- APU
- 418
Description
This exceptional investment opportunity encompasses a substantial 13.46-acre commercial land portfolio ideally situated in the thriving Powhatan, Virginia market. The property, located at 2544 Anderson Highway (Route 60), boasts a prime location with high visibility and significant traffic volume, experiencing 31,000 vehicles per day. This strategic positioning ensures excellent exposure for any commercial development. The portfolio includes two established businesses: Flat Rock Office Park and Monterrey Burrito Company, providing immediate income potential and a strong foundation for future growth. The expansive 13.46 acres offer significant development possibilities, catering to a wide range of commercial ventures. The land is conveniently located in Powhatan County, Virginia, with the zip code 23139. Its coordinates are 37.52352161 latitude and -77.82157862 longitude. This property presents a rare chance to acquire a substantial land holding in a rapidly expanding area, offering both immediate return and significant long-term growth potential. The asking price for this remarkable investment opportunity is $4,200,000. Don't miss this chance to secure a piece of Powhatan's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Powhatan
- County
- Powhatan
- State
- Virginia
- Longitude
- -77.8221
- Latitude
- 37.5241
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
