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VIP Inn 2301 Willis Rd

109 Room Hotel North Chesterfield, VA 23237 For Sale

Investment Highlights

  • Over 1,000’ of I-95 frontage
  • New entrance planned
  • Great Interstate Visibility
  • Major access improvements planned to Willis Rd/I-95 interchange
  • 110,000 VPD on I-95
  • Comp Plan calls for Regional Mixed-Use

Executive Summary

Currently operating as the VIP Motor Inn, this 8.6 acre at and fully developed property is zoned C-5 unconditional allowing for a wide variety of motor vehicle, truck, trailer and boat sales and repair uses.
A Contractor’s office, shop and outdoor storage is also allowed by right.
With over 1,000’ of frontage along I-95 and 110,000 average daily vehicle traffic, the property offers excellent highway commercial visibility and access. Chesterfield county is seeking Federal highway funds for major enhancements to the Willis Rd,/I-95 interchange that will substantially increase trac ow and improve its access. The plans call for the acquisition of the existing Sunoco station and for a new entrance to be installed there.
The Comprehensive Plan calls for the property and its northern adjacents to be Regional Mixed-Use with a minimum density of 20 residential units to the acre with integrated employment and commercial uses.

Property Facts

Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 8.61 AC
Building Size 78,137 SF
No. Rooms 109
No. Stories 2
Year Built 1960
Parking Ratio 2.48/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Restaurant

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 109 $77.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
795-67-00-18-200-000
Land Assessment
$1,499,700
Improvements Assessment
$2,650,300
Total Assessment
$4,150,000

zoning

Zoning Code C5 (Unconditional)
C5 (Unconditional)
  • Listing ID: 34293505

  • Date on Market: 12/26/2024

  • Last Updated:

  • Address: 2301 Willis Rd, North Chesterfield, VA 23237

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