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120 Allen rd - 5.16+/- Acres at I-95 Exit 20 5.16 Acres of Commercial Land in Jarratt, VA 23867
Investment Highlights
- 800+ Feet of Allen Road Frontage
- Public Water, Sewer & 3-Phase Power Reportedly Available
- Located off I-95 at Exit 20
- Residential or Commercial Development Potential (Subject to Town Council Approval)
Executive Summary
5.16+/- Acres at I-95 Exit 20, Jarratt, VA
Opportunity to acquire 5.16+/- acres in the Town of Jarratt, Virginia, conveniently located off Interstate 95 at Exit 20. The property offers more than 800 feet of frontage along Allen Road and benefits from a strategic location between Petersburg and Emporia. Reported available infrastructure includes public water, sewer, electric service, and access to Dominion Energy 3-phase power.
Currently zoned M-1, the property may offer potential for residential development, with the possibility of 15 to 20+ residential lots, subject to engineering, utility extensions, and Town Council approvals. Alternative commercial or community-serving uses may also be considered, subject to rezoning or other required approvals. This property presents an excellent opportunity for developers, investors, builders, and land buyers seeking a well-located site with strong accessibility and future development potential.
Parcel ID#: 12-7
2026 Tax Assessment: $166,500
2026 Annual Taxes: $1,116
Tranzon Key, VAAF423
Opportunity to acquire 5.16+/- acres in the Town of Jarratt, Virginia, conveniently located off Interstate 95 at Exit 20. The property offers more than 800 feet of frontage along Allen Road and benefits from a strategic location between Petersburg and Emporia. Reported available infrastructure includes public water, sewer, electric service, and access to Dominion Energy 3-phase power.
Currently zoned M-1, the property may offer potential for residential development, with the possibility of 15 to 20+ residential lots, subject to engineering, utility extensions, and Town Council approvals. Alternative commercial or community-serving uses may also be considered, subject to rezoning or other required approvals. This property presents an excellent opportunity for developers, investors, builders, and land buyers seeking a well-located site with strong accessibility and future development potential.
Parcel ID#: 12-7
2026 Tax Assessment: $166,500
2026 Annual Taxes: $1,116
Tranzon Key, VAAF423
Property Facts
1 Lot Available
Lot
| Lot Size | 5.16 AC |
| Lot Size | 5.16 AC |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-7 | Improvements Assessment | $138,200 |
| Land Assessment | $28,300 | Total Assessment | $166,500 |
Property Taxes
Parcel Number
12-7
Land Assessment
$28,300
Improvements Assessment
$138,200
Total Assessment
$166,500
Contact
-
Linda Terry -
Tranzon Key
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120 Allen rd - 5.16+/- Acres at I-95 Exit 20