VIP Inn | 2301 Willis Rd
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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.
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 | No. Rooms | 109 |
Sale Conditions | Redevelopment Project | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1960 |
Property Subtype | Hotel | Parking Ratio | 2.48/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 8.61 AC | Opportunity Zone |
Yes
|
Building Size | 78,137 SF |
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
Parcel Number | 795-67-00-18-200-000 | Improvements Assessment | $2,650,300 |
Land Assessment | $1,499,700 | Total Assessment | $4,150,000 |
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) |
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VIP Inn | 2301 Willis Rd
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