1427 Anderson HwyPowhatan, VA 23139

Property Details for 1427 Anderson Hwy

Lot size

1.21 AC

Zone code

C

Property type

Commercial land

APN

043C-4-1

APU

043C41

Description

This exceptional commercial land parcel, located at 1427 Anderson Highway in Powhatan, Virginia (zip code 23139), presents a unique investment opportunity. The property boasts a highly desirable location with over 200 feet of frontage on Route 60, ensuring excellent visibility and accessibility. Currently zoned for Commercial and Commerce Center use, this 1.21-acre site is ideal for a variety of retail developments. The property's strategic position offers easy access to the Powhatan/Chesterfield County line and is conveniently situated just minutes away from Westchester Commons, a significant 225,000 square foot mixed-use development. Further expansion potential exists with an adjacent 1.43-acre lot featuring a 2,991 square foot building. Water and sewer services are readily available at the roadside. This prime location offers significant potential for immediate development or future expansion, making it an attractive proposition for discerning investors and developers seeking a high-impact commercial presence in a thriving area. The property is available for both lease and sale.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $22,818,100

  Retail / Commercial

  $11,717,300

  Mixed-Use / Specialty

  $11,688,400

  Hospitality / Lodging

  $8,592,110

  Office

  $11,632,300

  Institutional / Educational

  $12,155,800

  Residential Income

  $14,222,300

  Multifamily

  $16,986,200

  Automotive / Energy

  $10,419,200

  Parking / Income-Based Land

  $3,582,860

  Restaurant / Food Service

  $6,106,630

  Healthcare / Senior Housing

  $11,973,000

Location Insight

City

Powhatan

County

Powhatan

State

Virginia

Latitude

37.5066

Longitude

-77.7408

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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