LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 SALE PRICE: $1,500,000 PROPERTY OVERVIEW Property consisting of 13.9 AC of rolling land with approx 1,500 Feet of road frontage on Anderson Hwy. PROPERTY TYPE: Development Land LOT SIZE: 13.9 Acres APN #: 040-68B ZONING: R-C PROPERTY FEATURES Road frontage on Anderson Highway Heavy traffic area Close proximity to retail and restaurants Great opportunity for development Located in Powhatan County CROSS STREETS: Rocky Oak Road KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 PROPERTY OVERVIEW Property consisting of 13.9 AC of rolling land with approx 1,500 Feet of road frontage on Anderson Hwy. LOCATION OVERVIEW Property located in Powhatan County with road frontage on Anderson Highway HIGHEST AND BEST POSSIBLE USE Prime development opportunity for retail, office, or medical. The land has frontage on Anderson Highway. KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 350 9,217 43,377 MEDIAN AGE 43.6 42.9 40.2 MEDIAN AGE (MALE) 42.5 41.1 39.7 MEDIAN AGE (FEMALE) 44.6 43.9 40.2 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 144 3,727 13,057 # OF PERSONS PER HH 2.4 2.5 3.3 AVERAGE HH INCOME $89,621 $85,764 $96,461 AVERAGE HOUSE VALUE $320,611 $314,736 $350,943 RACE 1 MILE 5 MILES 10 MILES % WHITE 93.1% 92.7% 76.0% % BLACK 4.6% 5.3% 20.8% % ASIAN 0.3% 0.7% 1.5% % HAWAIIAN 0.0% 0.0% 0.0% % INDIAN 0.0% 0.0% 0.2% % OTHER 0.0% 0.0% 0.4% ETHNICITY 1 MILE 5 MILES 10 MILES % HISPANIC 1.7% 2.3% 2.2% * Demographic data derived from 2010 US Census KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
LAND FOR SALE 2881 Anderson Hwy, Powhatan, VA 23139 2881 Anderson Hwy KW COMMERCIAL MID ATLANTIC 804.858.9000 BILL PLASHA Regional Director 804.464.8399 bplasha@kwcommercial.com JIM MAXWELL Director 804.200.8442 jamesmaxwell@kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. www.kwcommercial.com
2881 Anderson Hwy, Powhatan, VA 23139-7406, Powhatan County 3 1,500 605,484 N/A Beds Bldg Sq Ft Lot Sq Ft Sale Price 2 1969 SFR N/A Baths Yr Built Type Sale Date Owner Information Owner Name: Martin Willie Lee Jr Mailing Zip: 23139 Mailing Address: 2881 Anderson Hwy Mailing Zip + 4 Code: 7406 Mailing City & State: Powhatan, VA Owner Occupied: Yes Location Information MLS Area: 66 Zoning: R-C Magesterial: Huguenot Topography: Rolling/Hilly Zip Code: 23139 Census Tract: 5001.01 Zip + 4: 7406 Parcel Comments: 25% ECON DEP DUE TO COMM LOCATION/LAND ADJ-PART OF LOT WET/GOOD FRNTG Carrier Route: R012 Tax Information PID: 040-68B Parcel ID: 040-68B Old Map #: 6734 % Improved: 7% Legal Description: BRADLEY Assessment & Tax Assessment Year 2016 2015 2014 Assessed Value - Total $630,600 $807,500 $807,500 Assessed Value - Land $588,500 $780,000 $780,000 Assessed Value - Improved $42,100 $27,500 $27,500 Market Value - Total $630,600 $807,500 Market Value - Land $588,500 $780,000 Market Value - Improved $42,100 $27,500 YOY Assessed Change (%) -21.91% 0% YOY Assessed Change ($) -$176,900 $0 Tax Year Total Tax Change ($) Change (%) 2014 $7,268 2015 $7,268 $0 0% 2016 $5,675 -$1,592-21.91% Characteristics Lot Acres: 13.9 NumFireplaces: 1 Lot Sq Ft: 605,484 Heat Type: Baseboard Land Use - County: Single Family Suburban Heating Fuel Type: Electric Land Use - CoreLogic: SFR Roof Type: Gable Stories: 1 Roof Material: Composition Shingle Year Built: 1969 Roof Shape: Gable Bldg Area - Finished Sq Ft: 1,500 Interior Wall: Drywall Gross Area: 2,400 Exterior: Brick Bldg Area - Main Floor Sq Ft: 1,200 Floor Cover: Carpet Basement Sq Ft: 1,200 Foundation: Brick The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Property Detail Generated on 02/09/2017 Page 1 of 3
Basement - Finished Sq Ft: 300 Water: Well Basement - Unfinished Sq Ft: 900 Sewer: Septic Tank Basement Type: Full Electric Service Type: Type Unknown Total Rooms: 7 Condition: Poor Bedrooms: 3 Porch Type: Screened Porch Baths - Total: 2 Porch: Screened Porch Baths - Full: 2 Porch 1 Area: 288 Features Feature Type Shed-Metal Building Description Base Section 1,200 Screen Porch 288 Estimated Value Building Size RealAVM (1): $363,508 Confidence Score (2): 61 RealAVM Range: $243,550 - $483,466 Forecast Standard Deviation (3): 33 Value As Of: 01/27/2017 (1) RealAVM is a CoreLogic derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 60-100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty. Last Market Sale & Sales History Owner Name: Martin Willie Lee Jr Nominal Y Buyer Name Owner Record Seller Name Owner Record Document Number 27-235 Document Type Deed (Reg) The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Property Detail Generated on 02/09/2017 Page 2 of 3
Property Map *Lot Dimensions are Estimated The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Property Detail Generated on 02/09/2017 Page 3 of 3
subject to any referenced use-specific standards and all other applicable regulations of this Ordinance: 1. Accessory dwelling unit (detached) 2. Kennel, private (for parcels less than 2 acres in size; see Section 83-438(N)) Sec. 83-354. Temporary Uses A. Permitted Temporary Uses The following uses are allowable as temporary uses of limited duration, in the R-U district, subject to compliance with any referenced use-specific standards and all other applicable regulations of this Ordinance: 1. Garage or yard sale 2. Model sales home/unit 3. Post-disaster temporary dwelling 4. Temporary construction-related structure or facility 5. Temporary family health care structure B. Permitted with Temporary Business Permit The following uses are allowable as temporary uses of limited duration in the R-U district, only on approval of a Temporary Business Permit, and subject to compliance with any referenced usespecific standards and all other applicable regulations of this Ordinance: 1. Estate sale/auction Secs. 83-355 83-359. Reserved SEC. 83-360 RESIDENTIAL-COMMERCIAL (R-C) DISTRICT A. Purpose Typical Development Form The purpose of the Residential-Commercial (R-C) district is to accommodate single-family and duplex residential development, limited institutional development, and commercial development on lands previously zoned Residential-Commercial until such time as the land is rezoned to a district designed to achieve the type of development called for by land use classifications applied to the land by the comprehensive plan. No additional lands shall be rezoned to the Residential-Commercial district except to accommodate modest expansion of existing development on land previously zoned Residential-Commercial. B. Use Standards See use-specific standards in Article VII (Use Standards). C. Intensity and Dimensional Standards 1 Residential Use Commercial Use Lot area, minimum 2 2 ac 3,4 n/a Lot width, minimum 215 ft. 100 ft. 5,6 Density, maximum 1 du/2 ac 7 n/a Lot coverage, maximum n/a Structure height, maximum 35 ft. Front yard depth, minimum 75 ft. 8,9 Typical Lot Layout Side yard depth, minimum 25 ft. 4 Rear yard depth, minimum 30 ft. 137 P a g e P o w h a t a n C o u n t y Z o n i n g O r d i n a n c e / 2 0 1 4
NOTES: ac = acre(s) ft. = feet 1. See measurement rules and allowed exceptions/variations in Article XII (Interpretations). 2. 3 ac for lots with two separate residential and commercial uses 3. 3 ac for duplex dwellings. 4. For townhouse development, applies to development site as a whole, provided individual townhouse lots have a minimum lot size of 1,800 sf and a minimum lot width of 18 ft. 5. 50 ft. on cul-de-sacs. 6. The lot shall also have frontage along a public street within the R-C district that equals or exceeds the minimum lot width standard. 7. 1 du/1.5 ac for duplex dwellings. 8. 35 ft. for flag lots. 9. 50 ft. for accessory uses and structures and parking lots. D. Development Standards See development standards in Article VIII (Development Standards). Typical Development Configuration Lot width (single-family or duplex dwelling): 215 ft. min. Rear yard depth: 30 ft. min. C Front yard depth for parking lot: 50 ft. min. A C Height : 35 ft. max. B Lot width (commercial): 100 ft. min. Front yard depth: 75 ft. min. Accessory structure side yard depth: 10 ft. min. Side yard depth: 25 ft. min. A: Single-family detached dwelling Lot area: 2 ac min. B: Duplex dwelling Lot area: 3 ac min. C: Commercial use Sec. 83-361. Permitted Uses The following uses are allowable as principal uses by right in the R-C district, subject to compliance with any referenced use-specific standards and all other applicable regulations of this Ordinance: 1. Telecommunications facility, collocated 2. Community center 138 P a g e P o w h a t a n C o u n t y Z o n i n g O r d i n a n c e / 2 0 1 4
3. Library 4. Museum 5. Adult day care center 6. Child day care center 7. Private school 8. Public school 9. Vocational or trade school 10. Fire or EMS station 11. Government administrative offices 12. Law enforcement facility 13. Post office 14. Community garden 15. Park or greenway 16. Utility use, minor 17. Animal grooming 18. Veterinary clinic 19. Business service establishment 20. Restaurant with drive-through service 21. Restaurant without drive-through service 22. Specialty eating or drinking establishment 23. Professional offices 24. Auditorium or stage theater 25. Country club 26. Recreation facility, commercial indoor 27. Recreation facility, nonprofit 28. Recreation facility, public 29. Antique store 30. Art gallery 31. Art, crafts, music, dance, photography, or martial arts studio/school 32. Bank or financial institution with drive-through service 33. Bank or financial institution without drive-through service 34. Check cashing establishment 35. Convenience store 36. Drugstore or pharmacy with drive-through service 37. Drugstore or pharmacy without drive-through service 38. 39. Funeral home 40. Grocery store 41. Lawn care, pool, or pest control service 42. Liquor store 43. Personal services establishment 44. Shopping center 45. Tattoo or body piercing establishment 46. Taxidermy Shop 47. Other retail sales establishment 48. Gas station Sec. 83-362. Conditional Uses The following uses are allowable as principal uses in the R-C district only on approval of a Conditional Use Permit and subject to any referenced use-specific standards and all other applicable regulations of this Ordinance: 139 P a g e P o w h a t a n C o u n t y Z o n i n g O r d i n a n c e / 2 0 1 4
1. Dwelling, duplex 2. Dwelling, live/work 3. Dwelling, multifamily 4. Dwelling, single-family detached 5. Dwelling, townhouse 6. Assisted living facility 7. Continuing care retirement community 8. Hospice facility 9. Rooming or boarding house 10. Massage clinic 11. Medical or dental clinic 12. Medical or dental lab 13. Medical treatment facility 14. Nursing home 15. Cemetery 16. Public square or plaza 17. Club or lodge 18. Halfway house 19. Homeless shelter 20. Place of worship 21. Shelter for victims of domestic abuse 22. Utility use, major 23. Kennel, commercial 24. Bar or lounge 25. Nightclub 26. Recreation facility, commercial outdoor 27. Self-service storage facility 28. Automotive painting or body shop 29. Automotive repair and servicing 30. Automotive wrecker service 31. Car wash or auto detailing 32. Parking lot or parking structure (as a principal use) 33. Taxi or limousine service facility 34. Tire sales and mounting 35. Hotel or motel 36. Recycling drop-off center 37. Home based business Sec. 83-363. Accessory Uses A. Permitted Accessory Uses The following uses are allowable as accessory uses that are incidental and customarily subordinate to principal uses in the R-C district, subject to compliance with any referenced usespecific standards and all other applicable regulations of this Ordinance: 1. Accessory apartment 2. Amateur radio antenna 3. Automatic teller machine (ATM) 4. Canopy, nonresidential drive-through 5. Clubhouse 6. Electric vehicle (EV) level 1 or 2 charging station 7. Family day care home 8. Fuel oil or bottled gas distribution or storage, limited 140 P a g e P o w h a t a n C o u n t y Z o n i n g O r d i n a n c e / 2 0 1 4
9. Home garden 10. Home occupation 11. Kennel, private (for parcel 2 acres or more in size; see Section 83-438(N)) 12. Office (as accessory to P multifamily dwelling or commercial use) 13. Open space, park, playground, or recreational facility 14. Outdoor display and sale of merchandise 15. Outdoor storage (as an accessory use) 16. Parking or storage of major recreational equipment on residential lots 17. Private garage 18. Private recycling bins 19. Rainwater cistern 20. Residential care facility 21. Satellite dish 22. Small wind energy system 23. Solar energy collection system 24. Storage shed for lawn and garden tools 25. Swimming pool, spa, or hot tub 26. Television or radio antenna B. Conditional Accessory Uses The following uses are allowable as accessory uses that are incidental and customarily subordinate to principal uses in the R-C district only on approval of a Conditional Use Permit and subject to any referenced use-specific standards and all other applicable regulations of this Ordinance: 1. Accessory dwelling unit (detached) 2. Kennel, private (for parcels less than 2 acres in size; see Section 83-438(N)) 3. Crematories (as accessory to P funeral home) Sec. 83-364. Temporary Uses A. Permitted Temporary Uses The following uses are allowable as temporary uses of limited duration, in the R-C district, subject to compliance with any referenced use-specific standards and all other applicable regulations of this Ordinance: 1. Garage or yard sale 2. Model sales home/unit 3. Post-disaster temporary dwelling 4. Temporary construction-related structure or facility 5. Temporary family health care structure B. Permitted with Temporary Business Permit The following uses are allowable as temporary uses of limited duration in the R-C district, only on approval of a Temporary Business Permit, and subject to compliance with any referenced use-specific standards and all other applicable regulations of this Ordinance: 1. Estate sale/auction 2. 3. Outdoor seasonal sales 4. Temporary business (other than outdoor seasonal sales) 141 P a g e P o w h a t a n C o u n t y Z o n i n g O r d i n a n c e / 2 0 1 4
C. Permitted with Conditional Use Permit The following uses are allowable as temporary uses of limited duration, in the R-C district, only on approval of a Conditional Use Permit and subject to compliance with any referenced usespecific standards and all other applicable regulations of this Ordinance: 1. Temporary second dwelling for an elderly or infirm family member Secs. 83-365 83-369. Reserved SEC. 83-370 OFFICE (O) DISTRICT A. Purpose Typical Development Form The purpose of the Office (O) district is to accommodate professional office, administrative office, and limited institutional development on land previously zoned Office and located within village growth areas until such time as the land is rezoned to a district designed to achieve the type of urban development called for by land use designations applied to the land by the comprehensive plan. No additional lands shall be rezoned to the Office district except to accommodate modest expansion of existing development on land zoned Office. Uses allowed include various office uses, small-scale retail uses, and institutional uses such as day care centers, medical clinics, and places of worship. B. Use Standards See use-specific standards in Article VII (Use Standards). C. Intensity and Dimensional Standards 1 Lot area, minimum n/a Lot width, minimum 100 ft. 2,3 Density, maximum n/a Lot coverage, maximum 40% less 10% for each story >2 Structure height, maximum 35 ft. Front yard depth, minimum 75 ft. 4 Side yard depth, minimum 25 ft. Typical Lot Layout Rear yard depth, minimum 30 ft. NOTES: ft. = feet 1. See measurement rules and allowed exceptions/variations in Article XII (Interpretations). 2. 50 ft. on cul-de-sacs. 3. The lot shall also have frontage along a public street within the O district that equals or exceeds the minimum lot width standard. 4. 50 ft. for accessory uses and structures and parking lots. D. Development Standards See development standards in Article VIII (Development Standards). 142 P a g e P o w h a t a n C o u n t y Z o n i n g O r d i n a n c e / 2 0 1 4