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11073 Colonel Armistead Dr 21.94 Acres of Commercial Land Offered at $6,999,500 in Ruther Glen, VA 22546
Investment Highlights
- Boasting 1,450 feet of frontage on State Highway 207, this property offers unmatched visibility and accessibility.
- Future expansion plans include the extension of Colonel Armistad Drive and a connection to Travers Way, enhancing connectivity.
- Located near an existing professional office building and urgent care facility, providing synergy for retail or medical uses.
- Zoned B-1 Commercial with utilities ready at the site, ensuring a smooth development process.
Executive Summary
Owners will consider partial sale. Short term owner financing potential.
Property Facts
| Price | $6,999,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 21.94 AC |
| Property Type | Land | ||
| Zoning | B-1 - Commercial | ||
| Price | $6,999,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 21.94 AC |
| Zoning | B-1 - Commercial |
1 Lot Available
Lot
| Price | $6,999,500 | Lot Size | 21.94 AC |
| Price Per AC | $319,029.17 |
| Price | $6,999,500 |
| Price Per AC | $319,029.17 |
| Lot Size | 21.94 AC |
22-acre commercial land offering in Ruther Glen. Lot may be subdivided. Short term owner financing potential.
Description
Positioned in the heart of Caroline County, Virginia, this 22-acre commercial land offers an unparalleled investment opportunity. With its B-1 zoning, the property is primed for retail or medical developments, benefiting from its proximity to high-traffic State Highway 207. The location’s visibility and accessibility make it an ideal choice for investors looking to capitalize on the area’s growth. The surrounding infrastructure, including an urgent care facility and professional office building, enhances the site’s appeal, ensuring a steady flow of potential customers and clients. As the community expands, this property stands as a cornerstone for future commercial success.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,859,200 | Total Assessment | $2,859,200 |
Property Taxes
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11073 Colonel Armistead Dr
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