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Property profile & analytics
FOR SALE
Commercial real estate

5731 New Kent Hwy Quinton, VA 23141

1,845 SF 1 ac lot Built 1950
Individually Owned 3-yr Hold Free & Clear
Property ID
US87-1615459
Property summary
AI-generated overview

This exceptional 1-acre parcel, located at 5731 New Kent Highway in Quinton, Virginia, presents a compelling retail redevelopment opportunity. The property, built in 1950, encompasses 4,306 square feet and is zoned for business use, offering significant potential for a variety of commercial ventures. Its prime location along the heavily trafficked New Kent Highway ensures exceptional visibility and accessibility. The site's strategic positioning within a rapidly growing residential area, with an average home value within a one-mile radius of $408,000, promises a strong customer base. New Kent County's projected population growth of 7.7% by 2028 further underscores the long-term investment potential. This property is ideal for developers seeking to capitalize on the burgeoning retail market in this thriving community. The existing structure offers a blank canvas for creative redevelopment, allowing for the construction of a new building or adaptive reuse of the existing space. This is a rare opportunity to acquire a highly visible, strategically located parcel in a dynamic market poised for continued growth. Don't miss this chance to secure a prime piece of commercial real estate in Quinton, Virginia. The zip code is 23141.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction WOOD
Total area 1,845 SF
Lot 1 ac (43,560 SF)
Zoning code BUS
APN 21 32
UPID US87-1615459
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
Current use
Occupant on record · Public records
  • N Pieces Inc Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Diana Connor · 3 yrs held
Diana Connor
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
BUS · Quinton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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