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5326 Zachary Taylor Hwy

16.7 Acres of Commercial Land Offered at $1,875,000 in Mineral, VA 23117

Investment Highlights

  • Strategic Location: Property's placement in the Lake Anna Growth Zone ensures exposure to a high-traffic area and positions it for commercial success
  • Favorable Zoning & Approved Plans: C2 Commercial zoning w/approved engineer plans for boat and RV storage provide streamlined path to development
  • High Visibility and Road Frontage: Over 723' of frontage on Rt. 522, .3 miles from Intersection of Rt 522/208 w/ VDOT approved roundabout in the works
  • Rooftops Increasing: Louisa is currently growing at 2.55% annually and its population has increased by 7.79% since the most recent census in 2020.

Executive Summary

This expansive 16.7-acre property, identified as Parcel 16-59, presents an outstanding opportunity for commercial development. It is zoned as C2 Commercial and benefits from County, DEQ, and VDOT approved engineer plans for boat and RV storage, making it shovel-ready for immediate construction. Additionally, Seller has obtained two quotes for the required site work. Located just north of Rt. 208 on Rt. 522 in Wares Crossroads, this property boasts excellent road frontage and visibility, making it an ideal location for capitalizing on the development potential at Lake Anna.

Property Facts

Price $1,875,000
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leased Fee)
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 16.70 AC

1 Lot Available

Lot 16-59

Price $1,875,000
Price Per AC $112,275
Lot Size 16.70 AC

16.7-acre C2 property is shovel ready with County, DEQ, and VDOT approved plans for boat and RV storage. 723'+ frontage on Rt 522 .3 miles from new 208/522 roundabout.

Description

This expansive 16.7-acre property presents an outstanding opportunity for commercial development. It is zoned as C2 Commercial with County, DEQ, and VDOT approved engineer plans for boat and RV storage, making it shovel-ready for immediate construction. Additionally, Seller has obtained quotes for the required site work. Located just .3 miles north of the intersection of Rt. 208 and Rt. 522 in Wares Crossroads, with an approved roundabout under construction, this property boasts excellent road frontage and visibility, making it an ideal location for capitalizing on the development potential at Lake Anna. The property's location within the Lake Anna Growth Zone, combined with its favorable zoning, presents a unique opportunity for investors or developers seeking to capitalize on the area's commercial growth while catering to the growing demands of the Lake Anna community. With over 723' of frontage on Rt 522 where the speed limit changes from 45 to 55MPH, it is an ideal location for capitalizing on the development potential at Lake Anna. Located in Louisa, Orange, and Spotsylvania counties, Lake Anna is one of the largest freshwater inland lakes in Virginia, spanning over 13,000 acres with 225 miles of shoreline. Its proximity to Washington, D.C. (72 miles), Charlottesville, and Fredericksburg, as well as its accessibility from anywhere in Virginia, makes it an easily reachable destination. For nearly 40 years, Lake Anna has been a popular vacation and second home destination for residents of Virginia, Maryland, and North Carolina. Additionally, the number of full-time residents in the Lake Anna region continues to rise, solidifying it as a permanent home for many individuals and families. Louisa is currently growing at a rate of 2.55% annually and its population has increased by 7.79% since the most recent census in 2020. The natural beauty and recreational opportunities offered by Lake Anna, such as boating, fishing, swimming, and hiking, contribute to its appeal as a thriving community. Businesses catering to storage, outdoor recreation, water sports, and tourism can flourish in this vibrant environment. Lake Anna's location, accessibility, and the growing demand for modern conveniences make it an attractive destination for businesses and investors. The supportive business environment, coupled with the area's natural beauty and quality of life, create a favorable climate for business growth and economic development. Lake Anna is a growing community with a significant increase in business activity in recent years. The rise in population growth and demand has led to the arrival of more modern conveniences and amenities on a daily basis. By becoming a part of the Lake Anna business scene, businesses can tap into a growing market, benefit from the region's natural attractions, and contribute to the ongoing development of this flourishing community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-59
Land Assessment
$324,600
Improvements Assessment
$0
Total Assessment
$324,600

zoning

Zoning Code C2
C2
  • Listing ID: 30319444

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 5326 Zachary Taylor Hwy, Mineral, VA 23117

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