5326 Zachary Taylor Highway
Mineral, VA, 23117 $ 1,875,000
Baths0.0 Monthly Estimate*
$ 13,097
Studio
for $1,875,000. The lot size is 16.7.
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.
See more
FeaturesGeneralSewer Septic Exists
Possession Settlement
Zoning C2
Property SubType Other
Tax Year 2022
Current Use Vacant Land/Lot Only
Percent Ownership Fee Simple
County LOUISA
Property Type Land
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Possible Use Automotive Bed & Breakfast Beer/Wine/Liquor Camp Ground(s) Car Wash Church Commercial Day Care Convenience Store Drive-Thru Dry Cleaner Florist/Nursery Food & Beverage Investment Land/Lot Only Laundr
Water Access Y/N N
Status ACTIVE
Directions Located at Lake Anna approximately .3 miles from the intersection of Rt 208 and 522 with a VDOT approved roundabout on the way. Take Route 1 South to Rt 208. Right onto 522 (Zachary Taylor Highway).
City MINERAL
Buyer Agent Compensation 3
Lot Size Square Feet 727496.00
Waterfront Y/N N
Street Name ZACHARY TAYLOR
Tax Annual Amount 2213.0
Clean Green Assessed Y/N N
Price Per Sq Ft 2.58
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 142
Standard Status Active
Tax Lot 59
Buyer Agent Compensation Type % Of Gross
See more
ExteriorWater Source Well
Water View Y/N N
Lot Size Acres 16.70
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByColdwell Banker EliteBroker
agraves@coldwellbankerelite.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,097
- Monthly Property Taxes
- $184
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Mineral, VA
Average List Price $320,547
Percent of Sale Price 83%
About Mineral, VA 428 Population
29% Since 2002
$ 58,026 Median Income
42.62 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533390 Elementary School
3534008 Middle School
Louisa County High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/11/2023 | $1,875,000 | | Listed Price |