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    Property profile & analytics

    New Kent Hwy New Kent, VA 23124

    • Commercial land
    • 44.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2122493
    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

    • Commercial land

    Property Details for New Kent Hwy

    Lot size
    44.38 lot acres
    Zone code
    PUD
    Property type
    Commercial land
    APN
    22A 3
    APU
    22A3

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Kent
    County
    New Kent
    State
    Virginia
    Longitude
    -77.0728
    Latitude
    37.5231
    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
    $16,180
    $2,414,900
    $0.00
    $2,414,900
    -
    $2,414,900
    $0.00
    $2,414,900

    Comparable in this City

    • Value Estimation by Request
      46.20 Acres

      Adj 64th Adj I-64

      VACANT COMMERCIAL LAND • 46.20 Acres
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      View Details
    • Value Estimation by Request
      27.32 Acres

      New Kent, VA 23124

      VACANT COMMERCIAL LAND • 27.32 Acres
      New Kent, VA 23124
      View Details
    • Value Estimation by Request
      26.65 Acres

      Adj 64th Adj I-64

      VACANT COMMERCIAL LAND • 26.65 Acres
      Adj 64th Adj I-64, New Kent, VA 23124
      View Details
    • Value Estimation by Request
      26.88 Acres

      Adj 64th Adj I-64

      VACANT COMMERCIAL LAND • 26.88 Acres
      Adj 64th Adj I-64, New Kent, VA 23124
      View Details
    • Value Estimation by Request
      32.57 Acres

      Angels Share Dr

      VACANT COMMERCIAL LAND • 32.57 Acres
      Angels Share Dr, New Kent, VA 23124
      View Details
    • Value Estimation by Request
      1.89 Acres

      Aspengraf

      VACANT COMMERCIAL LAND • 1.89 Acres
      Aspengraf, New Kent, VA 23124
      View Details

    Similar Nearby for Sale

    • $635,000

      Prime Commercial Lot Near I64

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      Land in Desirable New Kent

      2.44 acres to build your dream home in New Kent.
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    • $260,000
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      New Kent County Secluded Land

      10 acres of secluded land in New Kent County, Virginia.
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    • $650,000
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      Residential Development Opportunity Land

      Land available for residential development.
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    New Kent Hwy
    New Kent, VA 23124
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    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
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