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Property profile & analytics
OFF-MARKET
Commercial real estate

2620 Anderson Hwy Powhatan, VA 23139

3.66 ac lot
Property ID
US87-2584399
Property summary
AI-generated overview

This 3.66-acre commercially zoned parcel in Powhatan County, Virginia, presents a unique investment opportunity. Located on Route 60, it boasts exceptional visibility and accessibility, with thousands of vehicles passing daily. The property is zoned CC, allowing for a variety of commercial uses, including retail, office, and restaurants. A county-approved site plan exists for a 16,400 square foot building with 90 parking spaces. Public utilities are readily available, simplifying development. The largely level lot is partially cleared, offering flexibility in design. Its strategic location in a high-growth area, near major intersections (Routes 522 and 288), provides easy access to Richmond and surrounding areas. Neighboring businesses include Tractor Supply, McDonald's, Sheetz, and Walmart, indicating a strong retail presence. The asking price is $795,000, and the APN is 041-12C. This property is ideal for developers and investors seeking high-traffic exposure and significant development potential in a thriving community. The address is 2620 Anderson Hwy, Powhatan, VA 23139.

Property profile
Verified
Property type Commercial real estate
Lot 3.66 ac (159,430 SF)
APN 041-12C
UPID US87-2584399
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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