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Retail Redevelopment Opportunity 5731 New Kent Hwy 4,306 SF Retail Building Quinton, VA 23141 $775,000 ($179.98/SF)
INVESTMENT HIGHLIGHTS
- 1-acre parcel on New Kent Highway
- Ideal for redevelopment
- Population estimated to grow 7.7% by 2028
- Frontage along highway with prime visibility
- Zoning allows for variety of uses
- Average Home Value within 1 mile radius: $408,000.00
EXECUTIVE SUMMARY
5731 New Kent Hwy, Quinton, VA, 23141 is strategically located in thriving New Kent County, VA, offering prime visibility and frontage along New Kent Highway. New Kent County is the fastest-growing county in Virginia, with a population growth of 4.7% in 2023. With an average home value of $408,000 within a 1-mile radius, this location presents an exceptional opportunity for investors and developers. Don't miss out on the potential that this vibrant and rapidly growing area has to offer.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,306 SF
Building Class
C
Year Built
1950
Price
$775,000
Price Per SF
$179.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.99 AC
Zoning
BUS - General business zoning allows for a wide variety of uses by right.
Frontage
188’ on New Kent Hwy
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 21 32 | Improvements Assessment | $88,700 |
| Land Assessment | $162,900 | Total Assessment | $251,600 |
PROPERTY TAXES
Parcel Number
21 32
Land Assessment
$162,900
Improvements Assessment
$88,700
Total Assessment
$251,600
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Retail Redevelopment Opportunity | 5731 New Kent Hwy
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