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0 Chesapeake Circle - Kentland Commerce Center 1.75 - 68 Acre Commercial Land Lots in Providence Forge, VA 23140

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INVESTMENT HIGHLIGHTS

  • Prime Positioning Directly off of Exit 214 at the intersection of I64 and Rt155
  • Versatile Zoning and Flexibility We will divide into parcels to fit individual businesses needs.
  • Tourism Hub Located at the Entrance to Colonial Downs and Rosie's Gaming Emporium and Brickshire Community
  • Unrivaled Visibility and Accessibility

EXECUTIVE SUMMARY

. We are excited to share with you an opportunity to posture your business in New Kent County, the fastest growing County in Virginia and one of the fastest growing Counties in the Country. We are currently marketing a commercial property located at the intersection of Interstate 64 and Rt 155. Parcel ID number 100985. The location is immediately off Interstate 64 and is located directly across from the entrance to Colonial Downs Horse Track and Rosie’s Gaming Emporium. Colonial Downs and Rosie’s Gaming Emporium were recently purchased by Churchill Downs. Colonial Downs/Rosie's currently averages just under 1000 visitors per day and that number will continue to grow. Also surrounding Colonial Downs is the Brickshire Community that has over 3000 homes, and more are being built daily. With the Race Track and New Kents nationally recognized Wineries and Golf Courses tourism is a major draw to New Kent. Victors spent $29.9m In New Kent in 2022, 7% more than 2021. Visitation grew in 2022 by 3.6% over 2021. The number of trips to the area was 17.5m in 2022. The property is positioned only 25 minutes from downtown Richmond, VA and 25 minutes from Williamsburg, VA.
There are new residence and new businesses coming into New Kent County at an accelerated rate. There are retail centers, distribution centers, industrial businesses, as well as businesses like Buc-ees Travel Center located one exit west on I64 from the property.
This Property is zoned Commercial/Tourism. This is a broad category that will allow for a variety of commercial uses that are primarily oriented toward highway and tourism, but may accommodate corporate, general offices or regional types of services. Uses such as hotels, conference facilities, restaurants, and automobile/travel services. Likewise, services such as retail, entertainment, medical facilities would also be included within the allowable uses. The property has been approved under a PUD and we will divide into parcels to fit individual businesses needs.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 5
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Auto Dealership
  • Bank
  • Convenience Store
  • Daycare Center
  • Department Store
  • Drugstore
  • Fast Food
  • Healthcare
  • Hotel
  • Medical
  • Movie Theater
  • Neighborhood Center
  • Restaurant
  • Strip Center
  • Supermarket
Total Lot Size 84.35 AC
Zoning Commercial/Tourism - General offices, Hotels, conference facilities, restaurants, automobile/travel services, retail, entertainment, medical facility

5 LOTS AVAILABLE

Lot

Lot Size 68.00 AC

68 acres (GPIN: I16-3897-1504) of prime Commercial Property plus a 1 acre (GPIN: I16-3897-2224) site ready lot. Zoned Commercial/Tourism. Located off I64 exit 214. Land can be divided into parcels to fit individual businesses needs.

Lot 2

Lot Size 10.60 AC

See conceptual drawing 10.6 acre lot. Hotel, Sit Down Restaurant or can be divided into smaller lots to fit your business needs.

Lot 3

Lot Size 2.00 AC

See conceptual drawing 2 acre lot. road front on rt 155. The most coveted corner of the entire PUD. Pretty much any business would thrive on this lot. Lot can be divided larger or smaller to fit your business needs.

Lot 4

Lot Size 2.00 AC

See conceptual drawing 2 acre lot. road frontage on rt 155. The second lot on the inside but still has great road frontage. Lot can be divided larger or smaller to fit your business needs.

Lot 5

Lot Size 1.75 AC

See conceptual drawing 1.75 acre lot. road frontage on rt 155. The third lot on the inside but still has great road frontage. Lot can be divided larger or smaller to fit your business needs.

DESCRIPTION

Excitingly positioned in the heart of New Kent County, one of Virginia's fastest-growing counties and among the swiftest in the nation, this commercial property presents a rare opportunity for businesses seeking prime positioning. Located at the crossroads of Interstate 64 and Rt 155, with Parcel ID number 100985, this property boasts unrivaled visibility and accessibility. Nestled immediately off Interstate 64, it sits directly across from the entrance to the renowned Colonial Downs Horse Track and Rosie’s Gaming Emporium, recently acquired by Churchill Downs. With Colonial Downs/Rosie's attracting nearly 1000 visitors daily, and situated amidst the thriving Brickshire Community with over 3000 homes and growing, the area's allure for tourism is undeniable. Notably, New Kent's nationally recognized wineries and golf courses further bolster its appeal, with visitors spending $29.9m in 2022 alone, marking a 7% increase from the previous year. Conveniently positioned just 25 minutes from both downtown Richmond, VA, and Williamsburg, VA, this property benefits from its strategic location amidst New Kent's accelerated growth. With new residences and businesses emerging at a rapid pace, including retail centers, distribution hubs, industrial establishments, and notable ventures like Buc-ees Travel Center just one exit west on I64, the potential for this property is boundless. Zoned Commercial/Tourism, the property offers a broad scope of permissible uses, catering primarily to highway and tourism-oriented ventures, while also accommodating corporate offices, regional services, and various commercial enterprises. From hotels and conference facilities to restaurants, automobile/travel services, retail outlets, entertainment venues, and medical facilities, the possibilities are vast. Moreover, approved under a PUD (Planned Unit Development), the property offers the flexibility to tailor parcels to suit individual business requirements, ensuring a seamless fit for ventures of all sizes and scopes. Don't miss this unparalleled opportunity to establish your business in one of Virginia's most dynamic and rapidly evolving locales. Contact us today to seize your slice of New Kent County's burgeoning success story.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33B1 1
Land Assessment
$4,438,600
Improvements Assessment
$0
Total Assessment
$4,438,600
  • Listing ID: 29462813

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 0 Chesapeake Circle, Providence Forge, VA 23140

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