8442 Old Church RdNew Kent, VA 23124

  • Other commercial real estate
  • 8,755 SF
For Sale

Property Details for 8442 Old Church Rd

Year built
2008
Lot size
2.83 AC
Property size (Sq ft)
8,755 SF
Zone code
PUD
Property type
Other commercial real estate
APN
22 2E
APU
222E

Description

This exceptional investment opportunity encompasses two clusters of land totaling approximately 94.62 acres in New Kent, Virginia. The primary cluster (35.22 acres) houses the renowned New Kent Winery and Talleysville Brewing Company, including a modern, 1,000-barrel brewing system, approximately 32 acres of active vineyards, and the tasting room operations. The secondary cluster (59.4 acres) features The Vineyard Estate, a popular wedding venue, additional vineyards, a historic home, barn, pastureland, and hardwood stands. Both clusters are available for sale together or separately. The winery and brewery boast established distribution channels, a loyal customer base, and a proven track record of profitability. The property offers significant growth potential through expansion into new markets and product lines, including wine clubs, online sales, and expanded hospitality ventures. The main winery and brewery facility, built in 2008, is approximately 17,000 square feet and constructed with reclaimed materials over 100 years old, featuring unique architectural elements. Detailed financials are available upon request. This property presents a rare chance to acquire a distinguished, award-winning establishment in the heart of Virginia's wine country, capitalizing on the region's tourism and special event demand. The property is easily accessible from major cities including Richmond, Williamsburg, Hampton Roads, and Washington D.C. Talleysville Brewing Company is the only craft brewery and the only farm license brewery in the county. The sale includes all assets and operational equipment necessary for continued success. Wine and beer inventory will be sold separately.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,859,255
    Hospitality
    $1,703,068
    Educational
    $1,416,932
    Medical
    $1,465,663
    Retail
    $2,204,117
8442 Old Church Rd, New Kent, Virginia

Location Insight

City
New Kent
County
New Kent
State
Virginia
Latitude
37.5291
Longitude
-77.0755
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
$25,632
$655,300
$3,170,400
$3,825,700
-
$655,300
$3,170,400
$3,825,700

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