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16800 Jefferson Davis Hwy 2.52 Acres of Commercial Land Offered at $1,395,000 in Colonial Heights, VA 23834
INVESTMENT HIGHLIGHTS
- 340' Road frontage with high traffic visibility
EXECUTIVE SUMMARY
Prime Redevelopment Opportunity in South Chesterfield, VA
Seize this exceptional opportunity for redevelopment along the bustling Route 1 corridor, ideally situated between Chester and Colonial Heights. The property, currently operating as the PAR 3 Motel, spans a generous 2.523 acres and is zoned C5, allowing for a myriad of potential uses.
Key Features:
• Strategic Location: Just minutes from Interstate 95, serving the Central VA and tri-cities markets, with robust traffic volumes supported by Fort Adams.
• Prime Frontage: Boasting a substantial 340 feet of frontage on US 1, at the intersection of Happy Hill Rd.
• Utilities: Water and sewer available at the road, with gas located at the southern end of the property.
• Level Parcel: Ideal for development with easy access.
Potential Uses:
• Strip Mall
• Auto or Car Wash Business
• Fast Food Restaurant
• Church
• Communications Facility
• Convenience Store
• Funeral Home
• Small Manufacturing Plant
• Veterinary Clinic
• And Much More!
Tax ID: 799-6315-14-900-000
This parcel presents an unparalleled chance to capitalize on the high visibility and traffic of Route 1, making it perfect for a wide array of commercial ventures. Don't miss out on this versatile and valuable property!
Seize this exceptional opportunity for redevelopment along the bustling Route 1 corridor, ideally situated between Chester and Colonial Heights. The property, currently operating as the PAR 3 Motel, spans a generous 2.523 acres and is zoned C5, allowing for a myriad of potential uses.
Key Features:
• Strategic Location: Just minutes from Interstate 95, serving the Central VA and tri-cities markets, with robust traffic volumes supported by Fort Adams.
• Prime Frontage: Boasting a substantial 340 feet of frontage on US 1, at the intersection of Happy Hill Rd.
• Utilities: Water and sewer available at the road, with gas located at the southern end of the property.
• Level Parcel: Ideal for development with easy access.
Potential Uses:
• Strip Mall
• Auto or Car Wash Business
• Fast Food Restaurant
• Church
• Communications Facility
• Convenience Store
• Funeral Home
• Small Manufacturing Plant
• Veterinary Clinic
• And Much More!
Tax ID: 799-6315-14-900-000
This parcel presents an unparalleled chance to capitalize on the high visibility and traffic of Route 1, making it perfect for a wide array of commercial ventures. Don't miss out on this versatile and valuable property!
PROPERTY FACTS
| Price | $1,395,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 2.52 AC |
| No. Lots | 1 | ||
| Zoning | C-5 - C-5 Zoning which includes many uses for this size of a retail property | ||
| Price | $1,395,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.52 AC |
| Zoning | C-5 - C-5 Zoning which includes many uses for this size of a retail property |
1 LOT AVAILABLE
Lot
| Price | $1,395,000 | Lot Size | 2.52 AC |
| Price Per AC | $553,571.43 |
| Price | $1,395,000 |
| Price Per AC | $553,571.43 |
| Lot Size | 2.52 AC |
2.5+/- acres ready for prime redevelopment.
1 1
PROPERTY TAXES
| Parcel Number | 799-63-15-14-900-000 | Improvements Assessment | $290,900 |
| Land Assessment | $329,700 | Total Assessment | $620,600 |
PROPERTY TAXES
Parcel Number
799-63-15-14-900-000
Land Assessment
$329,700
Improvements Assessment
$290,900
Total Assessment
$620,600
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16800 Jefferson Davis Hwy
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