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0 Chesapeake CirNew Kent, VA 23140

68 Acres, High-Traffic Location, VA

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 68-acre commercial land parcel presents a unique investment opportunity in New Kent County, Virginia, one of the nation's fastest-growing counties. Strategically located at the intersection of Interstate 64 and Route 155, this property enjoys unparalleled visibility and accessibility, directly across from Colonial Downs Racetrack and Rosie's Gaming Emporium. The area boasts significant tourism, driven by the racetrack, wineries, and golf courses, attracting over 17.5 million visitors in 2022. The property's proximity to a thriving residential community (Brickshire, with over 3000 homes and growing) and major transportation arteries (25 minutes from Richmond and Williamsburg) ensures a robust customer base. Zoned for Commercial/Tourism and approved under a Planned Unit Development (PUD), this land offers flexibility for a variety of uses, including hotels, restaurants, retail, entertainment, and medical facilities. The PUD allows for parcel division to accommodate individual business needs, with conceptual drawings available for lots ranging from 1.75 to 10.6 acres. Lot 2, a 2-acre parcel at the highly desirable corner of Route 155, presents a particularly attractive opportunity. This property represents an exceptional chance to capitalize on New Kent County's explosive growth and thriving tourism sector. The area's economic vitality is evident in the $29.9 million spent by visitors in 2022, a 7% increase over the previous year. Don't miss this chance to establish your business in this dynamic location.

Highlights

  • 68-acre commercial land parcel in New Kent County, VA, one of the fastest-growing counties in the US.
  • Located at I-64 and Rt. 155, directly across from Colonial Downs Racetrack and Rosie's Gaming Emporium.
  • Commercial/Tourism zoning with PUD approval, allowing for diverse commercial uses including hotels, restaurants, and retail.
  • Divisible into smaller parcels to accommodate individual business needs.
  • Proximity to Richmond and Williamsburg, VA.

Property Details for 0 Chesapeake Cir

Property type
Land
Lot Size (sq. ft)
2,962,080 SF

Location Insight

City
New Kent
County
New Kent
State
Virginia
Latitude
37.4904721
Longitude
-77.0283262
Chesapeake Cir, New Kent, Virginia

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0 Chesapeake Cir
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