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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

. Position your business in New Kent County, one of Virginia’s fastest-growing counties. This commercial/tourism property (Parcel ID 100985) is ideally located immediately off I-64 at the intersection with Rt 155, directly across from the entrance to Colonial Downs Racetrack and Rosie’s Gaming Emporium, now owned by Churchill Downs, averaging nearly 1,000 daily visitors.
High-Traffic Location: Surrounded by the growing Brickshire Community (3,000+ homes, with more under construction) and New Kent’s nationally recognized wineries, golf courses, and tourism destinations.
Strong Tourism Market: Virginia’s tourism industry continues to expand, with visitor spending reaching $35.1?billion in 2024 and over 44.7?million visitors to the state—surpassing pre-pandemic levels and supporting more than 229,000 jobs. This robust growth drives traffic to nearby attractions, including Colonial Downs, regional wineries, and golf courses, enhancing local commercial demand.
Regional Access: Only 25 minutes to downtown Richmond and Williamsburg, VA, with nearby retail, distribution, and industrial developments, including Buc-ee’s Travel Center just one exit west.
Zoning & Flexibility: Commercial/Tourism zoning with approved PUD allows a wide range of uses including hotels, restaurants, conference facilities, retail, entertainment, medical services, automobile/travel services, offices, and more. Parcels can be subdivided to suit individual business needs.
This property offers a strategic, high-visibility location with strong tourism, residential growth, and development potential—perfect for businesses seeking long-term exposure and expansion in New Kent County.

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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