5731 New Kent Hwy
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5731 New Kent Hwy
4,306 SF Retail Building Quinton, VA 23141 $800,000 ($186/SF)
Investment Highlights
- 1-acre parcel on New Kent Highway
- Ideal for redevelopment
- Population estimated to grow 7.7% by 20289
- Frontage along highway with prime visibility
- Close proximity to residential development
- Average Home Value within 1 mile radius: $408,000.00
Executive Summary
This parcel presents an exciting redevelopment opportunity, perfectly positioned on a square 1-acre that is zoned for business use. Boasting frontage along the New Kent Highway, this property offers prime visibility. Also, with its strategic location amidst residential development, this property promises a lucrative prospect for retail investors seeking a centrally located, high-traffic destination in a developing retail market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,306 SF
Building Class
C
Year Built
1950
Price
$800,000
Price Per SF
$186
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.99 AC
Zoning
BUS
Frontage
188 FT on New Kent Hwy
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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5731 New Kent Hwy
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