I-64 RteGum Spring, VA 23117

Property Details for I-64 Rte

Lot size

49.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 49-acre commercial land parcel presents a unique investment opportunity in Louisa County, Virginia. Strategically located at the intersection of I-64 and Route 522, near the Gum Springs exit, this site boasts unparalleled visibility and accessibility. Zoned C-2 and A-2, the property is primed for significant development. Extensive due diligence has already been completed, including obtaining a zoning conformance letter from Louisa County, a wetlands and Waters of the U.S. (WOUS) delineation, and a jurisdictional determination from the Corps of Engineers. A Phase 1 hydrogeological investigation for well water supply and a preliminary site characterization report for mass drainfields have also been finalized. Furthermore, the VDOT road abandonment is complete, and the right-of-way vacation process is underway. A traffic impact analysis study has been completed and approved, and site plans have undergone two review cycles with Louisa County and the Department of Environmental Quality (DEQ). This property offers a streamlined path to development, minimizing potential delays and maximizing return on investment. The asking price is $2,100,000. This is a rare opportunity to acquire a fully prepared development site in a high-growth area just west of Richmond. The property's location adjacent to the I-64 eastbound entrance ramp on Route 522 ensures exceptional exposure and convenient access.

Location Insight

City

Gum Spring

County

Louisa

State

Virginia

Latitude

37.8049

Longitude

-77.9243

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