5326 Zachary Taylor Highway Mineral, VA 23117
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Elite / Allison Graves

  5326 Zachary Taylor Highway Mineral, VA 23117

Active (76 Days)
$1,875,000

Description

This expansive 16.7-acre property presents an outstanding opportunity for commercial development. It is zoned as C2 Commercial, offering immense flexibility for a wide range of commercial ventures. The property 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 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 in the works, this property boasts excellent road frontage and visibility, making it an ideal location for capitalizing on the development potential at Lake Anna. The total property consists of two parcels totaling 20.5 Acres of land on both sides of Zachary Taylor highway that can be sold or leased together or separately offering further expansion possibilities or complementary development options. 16-59A is 3.798 Acres of A2 zoned land with commercial potential.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. 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. With the potential for various commercial ventures, this property offers the flexibility to cater to the growing demands of the Lake Anna community. There is demand for grocery, convenience, gas, food service, medical and neighborhood retailers.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 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.

MLS #:
VALA2004884
Taxes
$2,213(2022)
Lot Size
16.7 acres
Type
Land
School District
Louisa County Public Schools
County
Louisa County

Listed By

Allison Graves, Coldwell Banker Elite
Source
BRIGHT IDX
Last checked Feb 24 2024 at 5:34 AM EST
Bathroom Details
Subdivision
  • None Available
Utility Information
  • Sewer: Septic Exists
School Information
  • High School: Louisa County
Location
   
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Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/23/24 21:34